Fund News and Alerts

Once the record is displayed, click Actions then highlight Seller TIN Type then select the appropriate option for the Transferor’s identification number field.

Once the record is displayed, click Actions then highlight Seller TIN Type, then select the appropriate option for the Transferor’s identification number field.

Please contact the IRS for an answer to this question or browse to: http://www.irs.gov/instructions/i1099s/index.html

Unfortunately, you will have to go back thru the EFile wizard and recreate to IRSTAX file in order to reprint the Year End Maintenance Summary report.

This means that you do not have any 1099 records created for that specific year. To ensure you have generated a 1099 for every file that required a 1099 throughout the year, DoubleTime has a report that will tell you if you have generated a 1099 or not for a file.

1. To access this report, you will go to Modules and then Reports. The first report you can select is 1099-S.
2. Enter a closing date range, the closing agent name and then the closing file status.
3. Click the ok button.
4. The report that is generated is a report that will show you the closing file number, the closing date, the sellers name and address, their Tax ID or social security number, the property address and then you will see the Gross Proceeds or if the 1099 has not yet been created for that file you will see a statement ‘No 1099 Entered’. This report will assist you to identify any 1099s that you have not yet generated inside DoubleTime.

Creating a Year-End 1099-S Maintenance Report

1. Confirm that your FundNet User Id is setup to deliver Fund Forms electronically
   1. Your FundNet admin can check this for you and ensure that the proper checkbox has been selected
2. Open Preferences > User Settings > Electronic Delivery Tab
3. Check off the Enable Electronic Delivery box
4. Select the Default button
5. Enter your FundNet User ID and Password
6. Select Test Connection
   1. If successful, close your and save the changes. Now you will be able to receive your jackets from the Policy Module and delivery the Policy electronically from the Rating Module.
   2. If the test fails, make sure Step 1 has been addressed. If your user id is setup correctly in FundNet and you’re still experiencing issues, please contact the Help Desk at 800-421-9378.

1. From the toolbar, select Preferences > Account Maintenance.
2. Click on the Insert button (green plus sign)
3. Enter in the Account Number, Account Description, Bank Name and the ABA Routing Number
4. If you will be paying for your premiums electronically from DoubleTime with this account, make sure to check off the ePayment Default check box
5. Close out by clicking on the Door icon to save changes

1. In the Escrow Accounting module, go to Actions>, Deposits or Disbursements >Post
2. A Post Deposit (or Disbursements, depending on your previous choice) will appear, be sure to select the type of transaction (check, wire out, epayment, deposit or wire-in), enter the correct date, amount and file number then select the Post button
   
   NOTE: If you are posting a check that you want to print, complete all fields on this window EXCEPT for the Check No. box then select the Print and Post button. The print menu will appear and allow you to select your check template to print on and you will be asked to provide the first check number. When that check prints it will automatically add that check number to the transaction in DoubleTime’s Escrow Accounting.
   
   

1. Open the Escrow Accounting > Transaction Management screen
2. Double-click on the item you wish to void to open it up
3. Change the status from Outstanding to Void
4. Enter in a Void Memo
5. Click on Post

1. Open Escrow Accounting > Transaction Management and confirm that your deposit is posted
2. Select Actions > Deposits > Generate Deposit Slip
3. A window will appear that shows all outstanding deposits that have not been assigned to a deposit slip
4. Check off the deposit(S) that you want to generate a deposit slip for.
5. Check off the box “Manually Generate Deposit Sip”
6. Enter in a Deposit Slip Number and select Post