Those located in Asia-Pacific will have different terminology in some parts of the system to those located elsewhere. For example:
- Bonds are called Deposits in Europe
- Tenants are called Leases in North America.
- Trust Accounts are called Client Accounts in Europe
For the purpose of this article, we will refer to the terminology used in Asia-Pacific. For more information on regional terminology, refer to this article or contact support.
Rental Bond Authorities need to be set up as a contact before they can be associated with a Trust Account. This section can also be used for Interest-bearing bank accounts.
Set the Contact Category to Rental Bond Authority:
Complete the remaining contact fields.