Some of the newer reports and areas within the software show how much a tenant has due in their security deposit ledger. If charges have been made to a deposit ledger prior to June, 2012 these reports may indicate incorrect values. This was caused by entering charges, or additional amounts due, to the security deposit ..
For instructions of how Tenant Deposits work within Rentec, follow this link. If you are using one bank account within Rentec for all of your transactions – rent collections, tenant security deposits and property expenses – you will want to follow the steps below to ensure your ledgers reflect security deposit transactions correctly. (If you ..
There’s a couple ways you could handle this; however, within this system the simplest way would be to open up the tenant’s accounting screen (Tenants / Click their current balance). Then open up the Deposit window by clicking on their deposit balance. Receive a deposit, and note the description that this is for the final ..