Scenario:Ending a tenancy and deducting a cost from the tenant statement to be credited to the landlord account

Scenario

I am in the process of ending a tenancy and refunding the deposit. There is a £150 deduction that will come out of the deposit and go to the landlord.

Answer:

Step 1 Create the closing statement and deduct the £150.00. See closing a tenancy  Step 2 This is linked to how to credit an account

1. Add a transaction
2. Transaction type is tenancy receipt
3. Paid to/by=Owner