Rent deposit that I am paying on commercial property

Hello JamesWoodcock, thanks for posting on the Community page, you could do an expense and set the landlord up as a supplier and then create an expense for this then when you get it back it is just a supplier refund you would do. We would advise you to speak to an accountant to make sure that is the best way to record it as we are not trained accountants just technical support.  

steps for the supplier refund 

1. Create a supplier credit (+ icon -> supplier credit​) 

2. Choose the correct date and supplier, put in the amount, choose VAT 

3. Then click on the + icon again, and choose Bank Deposit, to show that the money went into your bank account 

4. Choose the correct bank account on the top left corner, choose the date when the money actually hit your account

 5. For Received from choose the correct supplier, for the account choose Creditors, put the amount in, choose no VAT 

6. On the Supplier's page create cheque 

7. Tick the deposit against the supplier credit (this shows QuickBooks, that the supplier credit has been used, and money was received from the supplier), untick the bill and save and close 

8. Match the deposit against the transaction on your banking screen