Introduction To set up a loan or mortgage and show principal, interest and escrow payments, follow the steps below that best suit your needs: Note: The accounts used here are for illustrative purposes only. Please consult your accounting professional for the exact accounts to use. If you want to track escrow activity: Create three accounts: …
Setting Up a Loan or Mortgage in Total Office Manager Read More »
Transaction Types used in Total Office Manager Bill CC Charge CC Credit Check Credit Deposit Inventory Adjustment Invoice Item Receipt Journal Entry Liability Adjustment Payment Payroll Check Payroll Liability Check Sale Sales Tax Liability Check Serialized Vendor Credit YTD Adjustment Chart of Accounts Types used in Total Office Manager Accounts Payable Accounts Receivable Bank Cost …
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