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Security Deposit Management for Shared Rentals | Setli

Track security deposits received, refunded, retained and still held while managing deductions and outstanding tenant balances with Setli.

Security Deposit Management for Shared Rentals | Setli
01 Find and Select the Tenant

Find and Select the Tenant

Use the search bar and filters to find the relevant tenant by property, room, deposit status, request status or move-out period.

Select the tenant to open their security deposit record and review the estimated return amount.

Find and Select the Tenant
02 Review the Financial Ledger

Review the Financial Ledger

Check the tenant’s security deposit held, outstanding rent, outstanding expenses and any additional deductions.

Setli automatically calculates the estimated return amount based on the amounts still owed.

Review the Financial Ledger
03 Record the Deposit Return

Record the Deposit Return

Enter the refund amount, add notes explaining the return or deductions, then choose how the payout was completed.

You can either process the return through Stripe or record an offline payout made by cash or bank transfer.

Record the Deposit Return
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