How does Kera account for tenant deposits held in trust?
ForLandlordsProperty managers
Who can do this
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Where to find it
General Ledger → 2200 · Security Deposits Held; reports.
Steps
- Record or collect the deposit on the lease (chapter 05).
- Check it on the General Ledger under 2200, in Trust liability by owner (under "Held for tenants"), and in the worksheet's Deposit liability.
What happens next
A deposit you hold is a liability, not income. A deposit held by the owner isn't in your trust liability.
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