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Delete a Bank Deposit
Delete a Bank Deposit

How to fix mistakes with your manually created bank deposits.

Samuel avatar
Written by Samuel
Updated over 10 months ago

Overview

Remember that for the accounting cycle in DoorLoop, if you manually record that you received a lease payment from a tenant or a contribution from an owner, you also need to record when you deposit that money into your bank account.

Later, if you find you made a mistake and need to edit the lease payment or an owner contribution, you will first need to delete the manually created bank deposit corresponding with these transactions. After the corrections are made, you can redeposit those funds back into your DoorLoop account.

The Steps

How to Delete the Bank Deposit for a Lease Payment

  1. To delete a bank deposit, click Leases from the main menu and then click Active Leases.

  2. Find the lease you need to correct a lease payment and delete the bank deposit for and click on it.

  3. Click on the Transactions tab and find the lease payment you need to delete the bank deposit for and click on it. (You can also click on the 3 dots on the right side of the payment line and choose Edit.)

  4. At the top of the lease payment, you'll see a message stating THIS PAYMENT HAS ALREADY BEEN DEPOSITED if you did, in fact, create a bank deposit for this lease payment.

  5. Click on the View Deposit button to open up the Edit Bank Deposit window. Depending on the type of deposit this was, you will have two options:

    • Option 1 - If the payment was deposited by itself, use the Delete button in the lower left corner of the window to delete this deposit.

    • Option 2 - If the payment is part of a group deposit, deselect the box associated to the payment in the deposit. Then click Save. This will remove the payment from the deposit.

  6. After deleting the bank deposit, DoorLoop returns you to the lease Transactions tab where you can now edit the payment you deleted the bank deposit for.

How to Delete the Bank Deposit for an Owner Contribution

Tip: You can also use the method below for deleting lease payment deposits, or any other type of manual bank deposit.

  1. To delete a bank deposit for an owner contribution, click Reports on the main menu and then click on the Deposit Transactions report in the Accounting section.

  2. Use the filters to narrow down and find the owner contribution deposit you need to delete. (For example, you can change the Period or filter by a Property or Owner.)

  3. Click on the line for the deposit you want to delete to open it.

  4. Click Delete in the lower left corner of the Edit Bank Deposit window.

  5. Confirm that you want to delete the transaction and click Delete again.

That’s it! Your reports get automatically updated to reflect these changes, and you can now edit or delete the original Owner Contribution.

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