Deposits · Settlement

Security Deposit Tracking for PG and Hostel Owners

Every tenant can have a clear deposit ledger: what you collected, what you deducted, what you refunded, and whether the account is still open or closed after move-out.

  • Per-tenant ledger
  • Security History
  • Move-out settlement
  • Active & closed filters

Deposits often start when the first rent bill with a security amount is paid. From there, Security History shows active and closed ledgers with a full transaction trail — no margin notes in a register.

https://www.trackmypg.com
Secure financial records and deposit agreements for PG operators
Ledger
per tenant
Settlement
at move-out checkout
History
every transaction
Summary
on tenant profile

What PG owners struggle with today

Most PG operators still coordinate tenants, rent, and documents across Excel, WhatsApp, and paper registers. That works until bed count, staff handovers, or month-end reconciliation expose gaps nobody can audit quickly.

  • Excel sheets and WhatsApp threads become the unofficial ledger
  • Duplicate tenant rows after busy move-in weekends
  • ID copies and agreements scattered across phones and folders
  • Payment screenshots without invoice IDs at month-end
  • Room swaps that never update the “master” occupancy tab
  • Owners cannot see outstanding rent without calling the desk
https://www.trackmypg.com
Secure financial records and deposit agreements for PG operators

Problem → solution mapping

Each pain point maps to a module that ships in the product today — not a roadmap promise.

Margin notes on registers

Digital deposit ledger with running balance

Move-out arguments

Deductions and refunds with reasons on every line

Forgotten deposit balance

Active vs closed filters in Security History

No paper trail at checkout

Final settlement posts rent dues and charges automatically

Hunting old records

Full deposit and move-out history on tenant summary

What you get in the product

Every capability below ships in TrackMyPG today — no roadmap promises, no fake automation.

Ledger per tenant

Opening deposit, current balance, and whether the account is still active or closed after checkout.

No more margin notes in a register.

  • Running balance
  • Active or closed status
  • Linked to the tenant profile

Move-out settlement

When you complete move-out, pending rent plus damage, cleaning, or other charges can come from the deposit — then refund the rest.

One checkout conversation, one documented number.

  • Refund preview before you confirm
  • Cannot deduct more than balance
  • Deposit closes when settled

Security History

Search tenants and filter active, closed, or all deposits with room and bed context.

Owners and accountants find any ledger quickly.

  • Icon filters
  • Transaction sheet per deposit
  • Export-friendly records

On the tenant summary

Every tenant profile shows deposit summary and full transaction list when a record exists.

Desk staff answer deposit questions without opening three screens.

  • Initial & current balance
  • Full transaction list
  • Works after move-out too

Step-by-step in TrackMyPG

The same flow your desk runs every month — from tenant to report.

  1. Add tenant

    Create a profile with contact, stay dates, and documents your process requires.

  2. Assign room or bed

    Map the tenant to physical inventory with per-room or per-bed rent.

  3. Generate invoice

    Raise rent bills with PDF download and clear paid vs unpaid status.

  4. Track payment

    Mark cash or bank paid, or collect online after gateway onboarding.

  5. Monitor occupancy

    See which beds are occupied from the same data that drives billing.

  6. Generate reports

    Export revenue, outstanding, tenant, and occupancy views for owners.

Measurable outcomes on the ground

Ledger per tenant

Opening deposit, running balance, and active or closed status — always tied to the tenant you are settling.

Every rupee explained

Deposits, deductions, and refunds each carry a reason so checkout conversations stay factual, not emotional.

Security History at a glance

Search tenants, filter active or closed deposits, and open the full transaction list when an owner or accountant asks.

Built for move-out day

Final settlement previews the refund after rent dues and charges — so you know the number before you hand cash back.

What operators report after adoption

  • Less manual reconciliation between chat, sheet, and register
  • Fewer payment disputes with invoice PDFs tenants reference
  • Faster tenant onboarding when rooms and billing connect day one
  • Higher occupancy visibility without walking every floor
  • Reduced owner follow-up calls when desk uses one ledger

Manual vs Excel vs TrackMyPG

The same PG tasks, three ways to run them. See exactly where structured software pulls ahead.

TaskManual / registersExcel sheetsTrackMyPG
Tenant records Notebook & register rows Rows that drift out of sync Searchable profiles linked to rooms
Rent invoices Hand-written or ad hoc PDFs Manual template per tenant In-app invoices with PDF + status
Payments UPI screenshots in chat Paste amounts into cells Payments tied to invoice IDs
Occupancy Whiteboard or memory A “master” tab nobody trusts Live room & bed mapping
Outstanding dues Recalculated over phone calls Fragile pivot tables Outstanding Payments report
Month-end reports Hours of manual totals Copy-paste + formulas One-click Excel / PDF export
FAQ

Got Questions?

Everything you need to know about TrackMyPG. Can't find what you're looking for? Contact our support team.

Join 500+ PG owners using TrackMyPG

Ready to Simplify Your
PG Management?

Start your 7-day free trial today. Pay ₹1 to activate via Razorpay. Set up your PG in under 5 minutes and see the difference.

7-day free trial✓ Pay ₹1 via Razorpay✓ Cancel anytime✓ 24/7 support