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Lettings Application Ledger
Lettings Application Ledger

How to access and use a Lettings Application Ledger

Elliot Palmer avatar
Written by Elliot Palmer
Updated over 9 months ago

How does a lettings application ledger work in Street

Each lettings application is given it's own ledger so you can easily track any transactions relating to the application, prior to being converted into a tenancy.

How to access a lettings application ledger

To access an application ledger, head to the Lettings Application page and click the Accounting tab:

Lettings application ledger page

The application ledger gives a breakdown of the application balance.

Below this is where the application ledger details are stored. Here you can see a list of entries that are relevant to the application, such as a holding deposit. You can filter entries by a date range, void entries that have not yet been paid and show/hide voided entries.

Clicking 'actions' on a lettings application ledger gives you options to manually receipt money in, add a one off charge, export the ledger to CSV or issue a refund.

Note - It is only possible to refund a payment if there is available funds on the ledger.

Additionally, if the there are no entries on the ledger, you will see the 'add opening balance' button. This can be used to setup an opening balance, useful during migration from your old CRM or if the money has been handled outside of Street. If any money has been receipted in to the ledger, this option will be removed.

When the tenancy is created from the application, the balance from the application ledger will carry over to the tenancy ledger. For example, if you have receipted in a £175 holding deposit, this will then show as credit on the tenancy ledger which can be used as credit against the deposit or the first month's rent for example.

Other types of ledgers

If you're looking for help on the various other ledgers, please see the following help articles for Tenancy, Owner, Agency and Contractor ledgers.

Street is constantly being updated. This can mean that some of these articles become slightly out of date. If you spot something that looks a little bit different to your Street account, please let us know on the live chat so we can get it updated!

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