Set up mortgage & escrow - Quicken Deluxe 2013

I have searched for this and couldn't find an answer I can follow. I am using Q2013.
I have just refinanced but want to set up the mortgage account from scratch.
  • I created an asset account [Escrow].
  • I created a mortgage loan using the wizard. It correctly calculated monthly P&I. (1.jpg)
  • Then I added the escrow amount in "Other" section. (2.jpg)
  • In the reminder step,  clicked on "Split" (3.jpg)
  • Changed the escrow amount category as a transfer to [Escrow] asset account (5.jpg)
  • Reminder wizard step changed to 6.jpg
  • Linked the [Home Loan] account to an asset account called [House]
I guess when FI pays the property tax and home insurance, I will have to make payment from [Escrow] account and split it between property tax and home insurace.
Did I miss anything?
I am new to this so I really appreciate your help.


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