Escrow Reconciliations
Custom Professional Accounting reconciles escrow accounts for title companies any where in the United States using remote access. We specialize in the production of monthly accounting reports exceeding requirements set by your title insurance underwriters and state regulatory agencies. When each monthly reconciliation is complete, we provide you with a bank reconciliation report, unbalanced trial balance, and outstanding disbursements and deposits reports for each bank account reconciled. You will also be supplied with a list of recommendations and detailed instructions for making necessary corrections.
Timely 3-way reconciliations protect you, year-round, from:
Bank Errors
Internal Fraud
External Fraud
Input/Operator Errors
Negligence
Misappropriations
Rest easy knowing your escrow accounts, and your, are protected.
Escrow Audit Representation
Don't sweat your next escrow audit. You know it is not a question of if, but when the auditors will come for your annual audit. Custom Professional Accounting has 10 years experience reconciling and correcting errors in Title Company escrow reconciliations. We prepare all the reports necessary for your 3-way escrow reconciliation, and then some. Rest assured that you have passed your audit before the auditors arrive.
Not limited to escrow reconciliations, our experience ranges from daily bookkeeping functions through financial statement preparation and analysis. This allows us to offer a unique combination: detailed knowledge specific to Title Companies, such as, settlement fee income, HUD-1's, and escrow account reconciliations, plus an in-depth understanding of cash flows and profit/loss statements.