Enter the number of disbursements in a year. For example, property taxes
paid twice a year would require entry of a "2" in this field. Disbursement
dates are automatically computed by dividing the number of disbursements
indicated in this field into 12 months. For example, in the property tax example
above 12 months / 2 months = 6 months. Therefore DocMagic would compute
a second disbursement 6 months after the first date entered in the Due Date
field. If multiple disbursement dates are not as easily computed as described
above, simply press "Due dates" header in the Impound Due Date field and enter the
disbursement dates, as they should be.
Once this data is added, simply hit the tab key and DocMagic will auto-calculate the Payment
Amount, Monthly Inflow and number of months based off of your due dates.