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Advice and answers from the DoorLoop Team
Search results for:
Security Deposits
Opening Balance Wizard - How Should I Set Up My Opening Balance?
If you, the Property Manager are holding the
Security
Deposits
, where are you holding the
Security
Deposits
… your
Security
Deposits
held and assign the
Security
Deposit values to each property… Step 3a - Holding
Security
Deposits
in an Operating Account
Written by
Samuel Huang
Updated over a week ago
Paying
Security
Deposit Interest to Tenants
How do you account for interest earned when a
security
deposit is held in an interest-bearing account… Depending on what state you are in and your local regulations,
security
deposits
may need to be kept… Deposit Account: Select the bank where
security
deposits
are held Property: Choose the property
Written by
Samuel Huang
Updated yesterday
How to Transfer a
Security
Deposit When You Are No Longer Managing a Property
What do you do with a
security
deposit or other
deposits
when you are no longer managing a property?… You’ll now see an Other
Deposits
section appear… Account: Select
Security
Deposit Liability here
Written by
Samuel Huang
Updated over a week ago
Charging for a
Security
Deposit and Other
Deposits
on a Lease
Post a
deposit
charge to collect and hold a lease
deposit
… Your tenants likely pay you a lease deposit (
security
deposit, pet deposit, etc.) which you hold through… Normally this would be a
Security
Deposit, Pet Deposit, etc
Written by
Samuel Huang
Updated over a week ago
What is Trust Accounting?
Learn about holding
deposits
in trust if your state law requires it…
Security
Deposits
…
Security
Deposits
are considered to be tenant funds until or if the landlord/property owner becomes entitled
Written by
Matt
Updated over a week ago
Refunding a
Security
Deposit and Any Other Lease Deposit
Recording tenant
security
deposit refunds… Click on the
Deposits
tab where you will see a list of all available
deposits
, including the
Security
… If there is more than one lease deposit, you can refund multiple
deposits
, or put $0.00 in the
deposits
Written by
Samuel Huang
Updated over a week ago
How to Record Owner Held
Security
Deposit
How to set up the accounting in DoorLoop to track lease
deposits
held by your property owners… If your property owners hold onto the tenant
security
(or other)
deposits
, you can still record these… Next, you add this bank account to the properties which will have owner-held
security
deposits
Written by
Samuel Huang
Updated over a week ago
Receiving a
Security
Deposit on a Lease
Receiving a
Deposit
on a New Lease… Recording a
Deposit
on a Lease That Existed Before Starting DoorLoop… After charging for a
security
deposit, what do you do next?
Written by
Samuel Huang
Updated over a week ago
Transfer a
Security
Deposit to a New Lease in another Unit
Learn how to record a tenant's
security
deposit on their new lease if they change units… Find the lease you want to transfer the
security
deposit for and click on it… Click on the
Deposits
tab and then the Refund Deposit button
Written by
Samuel Huang
Updated over a week ago
How to Edit Lease Renewals
If there will be a
security
deposit charge, click Yes and enter the information for
Security
Deposits
… The Deposit tab asks whether or not you will be charging additional
security
deposits
… Step 4 -
Deposits
Written by
Samuel Huang
Updated over a week ago
