How to Open a Security Deposit Account: Follow these steps in the software
Step :1 Record > Deposits > Deposit Account Opening
Step 2: Enter The A/C Type Security Deposit Accounts.
Step 3: Select the customer ID of the customer for whom this Security Deposit account is to be created.
Step 4: Enter the Security Deposit amount
Step 5: Enter the duration for which you want to open the Security Deposit account, for example, 12 months.
Step 6: Select the period type (e.g., months), and the Scheme ID will be automatically set.
Step 7: Go to the next page, Nominee Details
Step 8: Click on the ‘Add’ button
Step 9: Enter all information for Nominee Details, then click on the right icon.
Step 10: After entering all the information, click the ‘Save’ button, and your Security Deposit account will be opened.
