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While a deposit is active, you can add charges to deduct funds from it. Once you have finalised all the charges, you can return the deposit to the tenant. Each charge has a type:
  • Arrears
  • Charge
  • Dilapidation
  • Other
Charges appear in the Charges table on the deposit record. For each charge, the table shows the Amount, Status, Type, Description, and Destination. The destination is the owner the charged funds are allocated to when the deposit is returned. In the details section of the record, you can see the total deposit, the charges, and the net value of the deposit that is returnable to the tenant.

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Managing charges

From the Charges table, open the overflow menu (•••) on a charge to:
  • Edit the charge’s description.
  • Cancel the charge. A cancelled charge no longer reduces the returnable deposit.