The Disbursement Module and is the key link between the HUD Module (the closing section) and trust accounting. This allows you to print checks based on the closing information you entered. ACTWIN makes the process simple by creating the "proposed" checks (and receipts) based on what you entered for the HUD or Closing Statement.
A visual display of the proposed checks and deposits (as shown below) makes it easy to see what you are doing. You can add, delete or adjust checks or receipts, move fees from one transaction to the other, and change payees to reflect any changes your customer needs. Once the checks are printed, the check number and date is displayed.
Once the checks are set up in the Disbursement Module, the printing of checks is a snap. Click on the appropriate checks to be printed and then click "Print Checks". ACTWIN pops up a dialog box (similar to the one below) to ask for the starting check number and date. Of course, the program keeps track of the check numbers so all you have to do is click "Ok" and the checks print.
Voiding and re-printing checks is easy -- and after the checks are printed they immediately become part of the Trust Accounting Module, for month-end reconciliation.