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How do I track security deposit?

Quicken creates a liability account named *Security Deposit Liability* (asterisks included) to track the security deposit you collect from your tenants. You can see this account in the Account Bar under Rental Property. This account is only used for tracking security deposit collected and returned.

If you already have a *Security Deposit Liability* account in Quicken, then Quicken makes the entries in the account register.

  1. Click the Rental Property tab.
  2. Click the Properties & Tenants button and choose Show Tenant List.
  3. Select the tenant whose information you want to edit.
    • Why can’t I see my tenant in this list?
  4. Click Edit.
  5. In the Security Deposit tab, enter the security deposit information for the tenant as necessary.
    • What happens when I enter the security deposit collected and returned?
    • How should I handle security deposit that I keep?
  6. Click OK.

More Information

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