Marking a Deal Fallen
The first thing you will need to do is disburse the escrow back to the buyer or whoever issued it. (If you do not see the person you want to disburse to in the dropdown list of options, add them under the contacts tab of the contract.
Next, we will be doing an “Advanced Rollback,” and then marking the deal “Fallen”
On the left-side panel, under the “Quickbooks” menu, select “Roll Back.”
Select the red “Advanced Roll Back” link.
From the drop down menu, pick “Select Non-Escrow.”
Check the box next to “Also delete ALL Items in Quickbooks.”
Click the gray “Delete Selected Items in Quickbooks” button. You should see the transactions clear once you do this. Note: You should still see escrow payments.
Then select the gray “Reset Contract in Broker.Ez” button.
Select “Edit Header” at the top of the contract.
Under “Contract Status,” select “Fallen.”
Select “Update Header”
