Suggested Procedures for Security Deposits

Please see attachment for more information.

This document provides suggestions for configuring, recording, tracking and refunding security deposits. It includes alternate and optional steps for a variety of reporting needs.

Topics included 

1. Security Deposit Transaction Code Setup
   
2. Setup for Refunding the Security Deposit
3. Display Security Deposit in Work Queues and Payoffs 
   
4. Include Security Deposit in APR Calculation
   
5. Record and Collect a Security Deposit
   
6. Update the Accounting tab of the Contract
   
7. Apply a Security Deposit to an Open Invoice
   
8. Refund a Security Deposit with Cash
   
9. Track Security Deposits in a Work Queue
   
10. Track Security Deposit via the Trial Balance Report
    
11. Security Deposit in the Payoff Calculator
    

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