DESKTOP EDITION CLOUD EDITION SERVER EDITION GUIDES FORUM

Bank guarantee & holding bond for office leasing


#1

Any idea how to record bank guarantee & holding bond for office leasing? Thanks.


#2

If you are the tenant paying it, create an asset account in your Chart of Accounts and allocate the payment to it. If you are the landlord and received the bond, create a liability account and allocate the receipt to it.