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Money

Deposits Held Apart, Never Spent By Mistake

Tenant deposits sit in your bank, but Livified keeps them apart from the money you can spend.

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Security deposits held for each tenant

How It Works

  1. Taken With the Lease
  2. Shown As Three Numbers
  3. Refunded In One Entry

  1. 01

    Taken With the Lease

    The deposit is recorded when the lease starts, against the tenant.

    Deposits held by tenant

  2. 02

    Shown As Three Numbers

    Every account shows its total, the deposits held, and the money you can spend.

    An account split into total, deposits held and operating money

  3. 03

    Refunded In One Entry

    At the end of a tenancy the refund is one clean entry, with any deductions noted.

    Refunding a security deposit

The Rules It Handles.

Built for how a society actually runs, so the office does not have to remember them.

  • Deposit money can never pay an expense

  • A refund is the only thing that moves deposit money

  • The bank total is never shown as spendable

  • Every refund carries the name of who made it

A plant growing from a pile of coins

Works With

Accounts and Expenses

Bank and cash balances, expenses, transfers, Tally export.

Leases and KYC

Agreements, rent terms and ID papers, safely filed.

Reports and Dashboard

Arrears, income and occupancy, ready for the committee.

Security Deposits: Questions

Can't find what you are looking for? Talk to us and we will walk you through it.

Call +91 7859991268

No. Deposits can sit in your normal account. Livified keeps them apart in the books.

An expense that would dip into deposits is refused.

Yes. The refund records what was paid back and why.

See It With Your Own Society's Data.

A 30-minute walkthrough of your buildings, dues and gate. No obligation.

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Next Feature

Reports and Dashboard