Current method of handling trust account reconciliation is inefficient and needs to be changed.
When I start w E-Closing in 202 - the help desk told me to setup a closing file for posting the interest credit/debts each month. Its a cumbersome process of adding a deposit and a disbursement.
The Fund's prior closing program DoubleTime had a really simple way to post interest credit and debts.
You enter the month you are reconciling, enter the ending balance, then click ADD(OR DELETE) then you select a type bank charge or credit (could be a check box) and then enter the day and the amount and description. E-Closing should have something similar within the escrow account screens and not have you go to a closing file, create manual deposit (and change the and disbursement (and having ot change from lender to this company )
