Yes. Worthic can create a dedicated deposit ledger for each managed property to track tenant or guest deposits separately from rental income and normal property cashflow.
Set it up from the property’s Manage property section by choosing Deposit account. On the web, it can also be managed under Settings → Reporting lines; on mobile, open the property and choose Manage property → Deposit account. A workspace owner or editor must complete the setup.
The ledger can track:
- Deposits received and refunded
- Opening balances for existing deposits
- Interest accrued on deposits
- Amounts retained for damage recovery
- The tenant or guest associated with each entry
When a rental receipt includes a deposit, Worthic can automatically create the matching deposit-ledger entry. Transactions categorised as Deposits received or Deposits refunded can also update the ledger, and you can record adjustments manually. Deposits are treated as transfers or liabilities rather than rental income, helping keep property performance reporting accurate.
Open the property’s deposit account to review its transactions and balance. You can also generate a Deposit Account Statement in PDF or CSV for a selected period and, where applicable, filter it to a particular tenant or guest. On mobile, this is available from More → Reports or the property’s Reports and export section.