Deposit Management

Deposit Management

Handling security deposits, such as renovation deposits and access card deposits, is commonplace in condominium or strata property management.

With Strataboss, the process of recording deposits collected and their subsequent refund or forfeiture is highly automated.

Recording Deposits Collected

All deposits collected through Strataboss are automatically recorded and tracked.

Processing Refunds & Forfeitures

To refund or forfeit a security deposit, management staff just needs to enter the refund or forfeit amount, click 'Create Transaction' and Strataboss will automatically generate the relevant documents and double entries.