Holding Deposit Refund

  1. Type up breakdown to the prospective resident and deduct any fees applicable.  Use Security Deposit Breakdown  
  2. If a refund is due to the prospective resident you will need to add the resident name into the M1 Software and log their status as PENDING.
  3. Select the PROPERTY LEDGER.
  4. Expense rent refund to resident/deposit refund to resident
  5. Select the RESIDENT NAME from the drop down.
  6. Enter a notation on Notes: Holding Deposit Refund/Property Address.
  7. Enter the amount due to the prospective resident.
  8. Click ADD button.