Create the Tenancy if you have not done so already. Select Deposit paid to letting agent and managed by letting agent on the Letting Agent tab of the set up wizard.
Start at Tenant Manager > Tenancies > Select your tenancy > Manage Deposit > Enter the details. Be sure to set the Type of Scheme to Custodial.
Click Deposit Received from Tenant and then Add Payment to show that the deposit has been received.
You can see this in Tenant Manager > Payments > Tenant to Letting Agent tab.
Tick Deposit Forwarded to Custodian and enter the details to show that the custodian now has it.
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