Accounting for Rental Deposits

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • NicoleLud
    New Member
    • Nov 2017
    • 3

    #1

    Accounting for Rental Deposits

    Hello, We are a property Management Company and I have had to take over where our last manager left. What i would like to know is we have received deposits for rentals and the payments have been reciepted to the customers account. Do Invoice out the rental deposit using a dedicated GL code or can a journal be done?
Working...