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How to Handle Deposits held in an Insured Scheme (Xero Users)

Create the Registered Deposit Charge in Arthur

Step 1:

On the tenancy, add a transaction with the transaction type Registered deposit charge. This will create the charge in the tenant deposit statement (filter statement). 

Select Save Transaction and sync Arthur and Xero.


Step 2:

Go into your Xero’s bank reconciliation page and reconcile the bank line with the relevant deposit invoice posted by Arthur




Refund the Deposit

Step 1:

Carry out the closing tenancy as shown in the article



Step 2:

Go to the Xero Reconciliation page and match the refund to the spent bank transaction.

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