Read and keep the closing ledger

Every acquisition, disposition, financing and refinance on a deal, in one chronological list, entered by kind.

The closing ledger is what happened on this deal and when. Acquisitions, dispositions, loan closings and refinances are one kind of event here rather than four separate registers, which is the only way the question has a single answer.

The list is banded by date. Two closings on the same date to different counterparties are normal on a land deal, so they render under one heading rather than as two rows that do not acknowledge each other.

Entering a closing

Add closing opens a form by kind, because the kinds take different things. An acquisition takes a date, a counterparty from the party register, an amount and a note. A disposition also names the lot it closed, any deposit applied, and what was paid to the lender at the table, against which loan. A financing or refinance names the facility, and a refinance can name the loan it replaced. Somebody with money access at edit records it; at view or view_redacted the ledger reads and offers no form.

A lender payoff at a closing writes a repayment against that loan, dated the day the closing happened, and the payoff on the draws page reads the loan's principal net of it. The ledger row shows the figure beside the lot. Raising it is an edit; lowering or clearing it puts money back onto the lender's claim and asks money at approve and the approval ceiling, the same as voiding a repayment by hand. Voiding the closing voids the repayment with it, and the repayment stays on the draws page marked void, saying why.

A row can be edited or voided from its own line. The kind is fixed once recorded, since a disposition's lot and a financing's loan are shaped by it. A disposition closed from the Release calendar carries its takedown period and is the take's own row: it is changed on the calendar, and the ledger says so in place of the edit link.