Dealing with Holding Deposits (Non-Xero/QuickBooks)

This article is for users of Arthur only – if you are integrated to Xero or QuickBooks please use the following articles: How to Account for Holding Deposits (QuickBooks Users) How to Account for Holding Deposits (Xero Users)

Step 1

Go to Tenancies and choose the Tenant it concerns:

Step 2

Go into Statement and Add Transaction:

Step 3

Select Tenancy Receipt, call it ‘Holding Deposit’, date it when the deposit was made and enter the amount. This will now sit on the statement as credit.

Step 4

You can then allocate this to a Rent charge/Direct Rent once the invoice has been raised


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