Security deposits paid

Hello RHuser,

Welcome to the QuickBooks Community! For a situation like this, we recommend connecting with your accountant to see what would be the best fit for your company! If you don't have an account, no need to worry. We offer a ProAdvisor where you can interact with experts within your area. Some even offer a free consultation. 

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When you pay out the security deposit, post it to an asset account.  When you receive it back, post the deposit and credit the asset account. This will track the balance on any security deposits you make.

Ok so set the deposit as an asset, but then when I receive the deposit back as less than I paid. How would I record the remaining amount as an expense?

@RHuser 

When you receive the deposit back, create a deposit.  Enter the amount of the original deposit as a positive amount and then list the expenses as negative amounts.  That will zero out the deposit asset account, book the expense(s), and the net will be deposited.