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Article ID:                  4145

Subject:                    Voiding an Escrow Check

Last Modified:         August 13, 2013

Applies to:                Pro Gold i2 2.0, 3.0

Issue:   Escrow check is created or issued, but needs to be voided.  All escrow transactions are mapped to a property record.  As a result, the transaction must be initiated from the property record in order for the Property ID to automatically populate on the transaction.  Therefore, the action to VOID a check should be accomplished via the property that it was issued from. 

Resolution:  Actions required to VOID an escrow check:

•          Go to property record

•          Select Escrow Banking button

•          Will open the Adjustment Tab in the bank account

•          Click on the Checks Tab

•          Select the Find button and enter the number of the check # in the search box at bottom of Search screen

•          Click OK button and it will bring up the check

•          If check is Posted, must Unpost it in order to open the VOID box

•          Click VOID box (VOID will display in big letters across the check)

•          Click Done button to return to property and verify results and print escrow journal

•          Select Escrow Check button if a new replacement check is needed or Done button to close property area

References:   Below is a link you can use to access Enhancement HelpNet Center resources, which includes the Knowledge Base Article (KBA) Library, Pro Gold i2 Documentation, and Training Webcasts:

   http://secured.progoldi2.com

•          The Enhancement HelpNet links are located on the right side of the web page.

Related articles: N/A

Keywords:  Property Banking, Earnest Money, Trust Account, Escrow Check, Void, 4145