Separate accounts for different security deposits

citynomad
citynomad Quicken Windows Subscription Member ✭✭
edited February 28 in Business and Rental Property Tools (Windows)

Hi,

By default, Quicken lumps all security deposits into one account called "*Security Deposit Liability*". I keep different tenants' security deposits in separate savings accounts (required by law in Massachusetts). Is there a way to record that properly in Quicken?

Thanks.

Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    I don't use the Rental manager, but I'd think that after Q makes it deposit transaction that you could transfer the funds to the account that you need.

    Also, you can create an IDEA post in this forum and see what support it gets from other users. That's how Q decides what features are needed and their priority, if your idea gets enough support/votes … which is believed to be about 50.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

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