Rex PM allows you to create multiple security deposit types so that when you're working on your Tenancy Agreements you can select these from a drop-down rather than create them manually each time.
You can create your Security Deposit Type using the below steps:
- Go to Settings
- Select Security Deposits
-
Click Create Security Deposit
- Enter the deposit details:
- Name of Bond or Deposit
- Ownership Rate
- How the Bond will be held
- Click Create
Please note that if the Security Deposit is to be held by a deposit authority you will need to enter the Deposit Authority Contact first - Deposit Authority