For Drivers and Owner/Operators Leased To A Company:
An escrow account is an account set up by the company. The company withholds your pay and creates a savings account in the Truckers Helper program.
To Setup An Escrow Account:
Display the Income & Expenses window as outlined in About Income and Expenses.
From the Quick Entry selection box located on the right of the Income & Expenses window choose Open Acct. From the Open Acct menu choose Savings. The Open New Account dialog box is displayed.
Enter the Name of the Account.
The Type of Account (Savings) is provided for you by The Truckers Helper program.
Enter the Opening
Date (mm/dd/yy) of the account,
or click the 
icon to choose a date from the calendar.
Enter the Opening Balance of the account.
Click OK.
Note: When the company withholds money for this account it is treated as a deposit to the savings account. When the company pays an expense for you from this account it is treated as a withdrawal from this account. For example, Paid By is Savings. Payment Account is the name of the Escrow Account.
Note: For Escrow Accounts to work correctly with Settlements you MUST name the account Escrow. If you have more than one Escrow Account you can name them ESCROW 1, and ESCROW 2 (or another similar name) but it MUST start with Escrow.
For Company Escrow Accounts:
For information on company escrow accounts see also Company Escrow Accounts.