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PaymentsHQ & Web

How does a deposit sit in the books?

A deposit is recorded at lease creation but not applied to invoices until you say so. It's money held — not rent paid.

Steps

  1. 1When adding the tenant, enter the deposit in the payment step.
  2. 2After creation, MKHQ asks whether to apply it now.
  3. 3If you skip, it stays as credit — apply it any time later.
Do it now →

Related questions

I received rent — where do I record it?