How do I setup and enter lease deposits in Property Management?

Solution Properties

Solution ID:

225924750097613

Last Modified Date:

Wed Jul 07 10:48:40 UTC 2021

Taxonomy Path:

Category//Transactions

Author:

[email protected]

How do I setup and enter lease deposits in Property Management?

Description

Cause

Resolution

Create the deposit type if it does not already exist. Refer to How do I create new deposit types in Property Management?
Add the deposit type to the properties. Refer to How do I set up a new deposit type on a property in Property Management?
Add the deposit type to the leases. Refer to How do I set up a new deposit type on a lease in Property Management?
Optional: Create the deposit (DEP) charge before receiving the payment. Refer to How do I enter a charge for a lease in Property Management?
To enter the deposit payment, refer to How do I enter lease deposit payments in Property Management?

Notes:

If you need to enter the deposit without affecting CM or GL because it is already accounted for on the bank account and the GL accounts, refer to How do I enter PM security deposits on leases without affecting Cash Management or General Ledger?
For information about the transactions that affect the lease deposit balance, refer to What transactions affect lease deposit balances in Property Management?

[BCB:156:Chat 300 CRE US:ECB]

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How do I setup or start a new lease in Property Management?