How do I add liabilities?
When you manage your business accounting within the system, you can quickly record liabilities and enter payments when needed. Balances are updated automatically. You can add liabilities (deposit, credit, prepaid rent, etc.) from the "Accounting" page or while moving a tenant in.
Accounting page
To add liabilities, go to "Accounting" in the left-side menu of your dashboard and select the "Transactions" sub-page. Click the "Money In" button and select the "Credits" / “Deposit” option from the drop-down list. Fill in all required information and press the "Create Invoice" button. You can also mark the invoice as paid if needed:
These links might be helpful:
Lease settings
You will also be able to create a liability invoice on the second "Lease transactions" step of creating the lease. For this, scroll down to the Deposits section, where you can create the invoices for any type of liability and input the date it was paid or is due.
Liability categories available in the lease:
- Cleaning Deposit
- Deposit Interest
- Gym and Facility Deposit
- Holding Deposit
- Key Deposit
- Last Month's Rent
- Other Liability
- Owner Deposit
- Pet Deposit
- Pre-paid Deposit
- Prepaid Rent
- Security Deposit
- Utility Deposit
This link might be useful: How do I create a lease ?
Please note!
You can apply the liability to unpaid/partially paid property income invoices.
View this link: How do I apply deposits/credits towards invoices?
Last updated:
Apr. 17, 2025