Re: Recording tenant security deposit payments received
Thank you for your response.
I was told that because these security deposits are deposited into a separate bank account and because I have it set up that this bank account feeds directly to QB, that I cannot set it up as a liability. As it is a bank account.
So is it true that the only way I would be able to set it up as a liability is that I would have to manually enter in each deposit? Bc the way it's set up now, any/all deposits are automatically fed into QB via the bank feed.
Is there any other option? Thank you so much.