With the release of Zenly version 2.6, the ability to setup Escrow Account Tables has been added to the Template area within the system.
To setup Escrow Account Tables:
1. Click the Template tab from the top of your screen.
2. Select Escrow Account Setup from the left navigation panel.
3. Select the Fee that you will be setting the table for.
Note: If you do not see the desired fee on your list, you may need to adjust your templated Dropdown Lists settings for the Application > Initial and Closing Fees > Initial Escrow Payments as Closing non-display items.
4. Enter the number of months that will be maintained as cushion for the fee in the Cushion field.
5. Enter the number of months to be disbursed at a time from the escrow account in the appropriate Month Name field for the Disbursement Months section.
6. Click Save & Close.
7. The entered data will populate the appropriate columns for that fee.
8. Repeat steps 3 through 6 for each fee that would be escrowed.
9. Click the Save button at the top of your workspace.