How to transfer funds?

Use the register to transfer funds between client accounts within the same trust account or across different trust accounts.

TIP: When you transfer the funds, the transfer is shown on the register as two transfer entries: a payment for the client from whom you transferred funds and a deposit for the client to whom you transferred funds. Both entries are marked as cleared ("C").

To transfer funds:

Click the Trust Accounts drop-down in the left panel of The Mortgage Office®.
From the list of Trust Accounts that are listed, select the trust account drop-down to transfer funds in.
From that drop-down, click All.
- You can also click any one of the client names under All to transfer funds directly from a client's ledger.
With the account open, click the Actions button to display a list of available actions and select Transfer Funds.
Enter following information:

Field:	Description:
From Account	From the drop-down menu, select the trust account where the funds are being transferred from.
From Category	From the drop-down menu, select the category for the "source" transaction.
From Client	Enter the client account. TIPS: Enter the client account number, or click , to open a lookup window and select a client from the list. For more details see How to Use Lookup Windows. If the client does not have an account, you may create one at this time by selecting the New Client hyperlink. The client account, name, and address are automatically populated when entering transactions directly from a client's ledger.
To Account	From the drop-down menu, select the trust account where the funds are being transferred to.
To Category	From the drop-down menu, select the category for the "destination" transaction.
To Client	Enter the client account. TIPS: Enter the client account number, or click , to open a lookup window and select a client from the list. For more details see How to Use Lookup Windows. If the client does not have an account, you may create one at this time by selecting the New Client hyperlink. The client account, name, and address are automatically populated when entering transactions directly from a client's ledger. If the funds are being transferred within the same client received, you can simply click the Copy Client hyperlink to copy the "from client's" information.
Date	Enter the date of the transfer.
Reference	Enter the reference number. (Maximum of 10 numeric characters)
Amount	Type the amount of the transfer in dollars and cents.
Memo	You may enter a memo or explanation for the transfer. (Maximum of 255 characters)

Click OK to save the transfer or Cancel to abort.

How to transfer funds?

This article discusses how to transfer funds in a Trust Account register.

To transfer funds: