You should be tracking this as an asset and not as an expense!One of the potential ways you can handle this is by making a manual journal entry.First, create an...
Judging by the post, I think you want to take a look at the INITIAL journal entry you are making.Good job on recording in the liability account, but you do not ...
I'd be interested in how you are managing a high volume of security deposits? It gets pretty tedious to log all of this activity (for us, it is about 40+ deposi...