How does BytePhase handle security deposits on a rental?

Security deposits sit on their own ledger, separate from rental payments, so deposit money is never counted as income. The contract deposit is added up from the deposit set on each device you attach. You collect it from the contract’s Deposits tab once the contract is Confirmed or Active, and each entry shows as Paid while you hold it and Refunded once returned. A deposit can only be refunded once, and every deposit has a printable receipt.