Advice how to make handling security deposits easy

[Matthew Banks]

We have just 5 properties, but with turnover each year, it is very time-consuming to figure out security deposit refunds net of any deductions. We use a spreadsheet to track any deductions for issues caused by tenant damage. Then we also have to track water bills to ensure tenant reimburses us for paying them.

Is there an easier and more automated way to track and quickly tally the security deposit refund due to a tenant? We use baselane, so is there a simple process with accounting software that would make this easy?

Thanks!!!!