Escrow Accounts

Rod Kinnison

December 25, 2010 04:14

Being a leased O/O I'm forced to pay into an escrow account.  It would be REALLY nice if TO could keep track of those.  If you're going to get lease-to-own drivers to use TO, they also pay into maintenance accounts often on a per-paid mile basis.

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  Michael Hardbarger

  January 23, 2012 03:10

  If you are a lease purchase O/O then your truck recieves x $'s for the load.  Set your escrow account In the driver pay field. This can be set at a Per centage rate or milage rate.  I have mine set as an l 3 percent and put that in my savings account for Emergency Funds.   $1000.00 to the truck puts $30.00 in my escrow

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