Security Deposits
Generally this is the process of accounting of Security Deposit collected from customers.
Type of Security Deposits:-
Cash Security Deposits
(Accepted in terms of Cash or Check)
Non-Cash Security Deposits
(In terms of Bank Guarantee or Letter of Credits or other available means)
Security deposit can be created,
- when you process a business partner move-in.
- Wheen the consumption or load or any other parameter influencing the security deposit calculation is changed (Can be referred as additional security deposit)
Cash security deposits are offset against,
- Receivables at the time of final settlement when a business partner move-out is processed.
- or against current concumption charges to replace the cash security deposit to non-cash security deposit
Security Deposit Management:-
- Collecting of security deposits.
- Tracking of security deposits.
- Refund of the security deposit
Sample Transaction Codes
Transaction Code | Description |
---|---|
FPSEC1 | Create Security Deposit |
FPSEC2 | Change Security Deposit |
FPSEC3 | Display Security Deposit |
FPD1 | Security Deposit Statistics Report |
FPD2 | Overview of Security Deposits |
FPI2 | Cash Security Deposit Interest |
FPINTM2 | Cash Security Dep. Interest Run |
FPRL | Release Cash Security Deposit |