When you create a tenancy, the amount of the security deposit specified in the tenancy agreement will be recorded as a line of income in the “Finances” section. You can also manually create a collected security deposit, simply add a revenue of type “Security Deposit” in the “Finances” section. A receipt will automatically be generated for this transaction. Once the tenancy is over and the security deposit is returned, you can record an expense under the heading “Refund of Security Deposit”. A corresponding document will be created to reflect the details of the refund. For this particular type of income Read more →