The AMS Project Management and Escrow Accounting Module can be used for tracking the information, balances, and status of various kinds of projects. Each project is assigned a project number, which is used to identify the projects. A contractor, which exists in the customer master file, is associated with each project. Descriptions, types, balances, thresholds, etc. can be established for each project. The project account balance will then be affected by the other AMS modules, which will post against the projects.

The Municipal Accounting Accounts Receivable Cash Receipts program will be used to record escrow deposits. Service codes that are related to escrow budget line items should be indicated as such. Contractors that will be making escrow deposits will be added to the customer file.

The Municipal Accounting Requisition/Disbursement Entry program would be used to indicate checks written that effect escrow accounts. When the requisition is created the proper escrow account will be identified. When the check is updated then the corresponding escrow account balance will be reduced and the detail will be created for that project.

It's important to note that since the Escrow Accounting System is really a sub-function of the Municipal Accounting Requisitions system and Subsidiary Invoicing and Accounts Receivable System as well as all of these being tied to the General Ledger Module, any of the functions of these systems may be used to display or modify escrow account information. Refer to the documents covering these other modules for further information on the operation of these programs.