Withdrawing funds from an escrow account

Note: You can't withdraw funds from a closed account.
  1. Load the escrow account you want into the Escrow InfoViewer.
    You access the Escrow InfoViewer by clicking the Account # link for the account on any form that shows the link.
  2. On the Maintenance tab, under Transactions, click Withdraw Funds.
  3. From the Payment Method list, select how the account holder wants to be paid.
    The fields change depending on the payment method you select.
  4. Specify the amount of the payment in the Payment Amount field.
    The withdrawal amount must not cause the account to drop below zero.
  5. Specify the information in the remaining fields according to the type of payment.
  6. Click Save.
    Infor Public Sector reduces the current balance by the withdrawal amount and shows the new balance under Account Status on the Account Status tab. You can view details regarding the withdrawal by clicking Review All Transactions under Transactions on the Account Status tab.