landlord-too
Level 1

Banking

Thank you. 
The tenant already moved out, I am recouping most of the repair expenses through the use of the security deposit. 

you make it sound easy to “just apply” the expense to the security deposit account. Through a journal entry?

 

I need to keep track of the invoice I sent the tenant and would like to link the security deposit (in a liability account) to the payment of that invoice. 

thanks