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Tenant Receipt Direct to a Trust Account Ledger

Tenant Receipt Direct to a Trust Account Ledger

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Tenant Receipt Direct to a Trust Account Ledger

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Sometimes a tenant is vacating and a payment comes through which you don't wish to receipt as rent as these funds would go to the Lessor. You still enter this as a tenant receipt however you tab past rent and other and down to Direct to Trust Account.


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The Trust Account ledgers appear and you select a credit type ledger such as Unidentified funds/Over payment of rent. These funds should only be held here for a short while, then you can do a Trust account payment from this ledger straight back to the tenant.


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Receipt using this method will allow a record of this transaction to appear on the tenant card. It also alleviates the problem of funds been transferred to the Lessor and then having to do rent refunds etc.

Now complete the Tenant Receipt.



See also:

Tenant receipt for rent

Tenant receipt funds for Bond

Tenant receipt funds for existing account

Tenant receipt for an Instant Account

Tenant receipt funds for future accounts


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