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How do advance payment and security deposit work?
Set optional advance payment and refundable security deposit when creating a booking, then return the deposit later.
1 min readUpdated
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On New booking → Pricing, set the rental Total amount and Currency, then optionally a Security deposit (refundable, optional) and an Advance payment (optional). The advance counts toward the total; the deposit is held separately until you return it.
Advance payment
Enter an advance Amount and Method (Cash, Bank transfer, Cheque, Card, or Other). Method appears when the amount is greater than zero. Advance is captured when you create the booking — later money goes through booking payments, not by editing this field.
Security deposit
The deposit is refundable and optional. When the rental ends, return it from the booking with Return security deposit. You can withhold part if damages or unpaid balances apply.