How to track owners’ balances

Clearing provides the option to track the balance by owner, including a previous statement balance, net statement balance, and the ability to set a minimum balance for each homeowner.

The minimum balance concept in Clearing is a feature that allows you to set a specific minimum amount that you want to maintain for each homeowner in your trust account. This minimum balance acts as a safety measure to cover unexpected expenses or fluctuations in financial transactions. Go to the owner’s detail and enter the minimum amount you wish to maintain from them.