Adding charges to a deposit

While the deposit is active, you can add charges to deduct funds from the deposit. Once you have finalised all the charges, you can return the deposit to the tenant. Navigate to the deposit record and click the Add charge button in the top right of the screen. From here, you can select a type of charge:

• Arrears
• Charge
• Dilapidation
• Other

Then, add the charge amount, the monetary value of the charge you would like to deduct from the deposit. Additionally, provide a description relating to the charge. Once you have completed this process, a record of the charge will be added to the deposit record. In the details section of the record, you can see the total deposit, charges, and the net value of the deposit that is returnable to the tenant.