Rent Collection Automation Playbook

Security Deposit Management & Move-Out Settlement Statements

Eliminate move-out disputes by providing crystal-clear, itemized digital refund statements accounting for pending dues and repairs.

R
Rahul Sharma
Head of Product & Former 40-Bed PG Operator
Published: 2026-06-30
8 min read

Executive Key Takeaways

  • 1Transparent settlement statements showing exact deductions (unpaid rent, electricity dues, painting charges) preserve property reputation.
  • 2PG Master stores original advance deposit records alongside check-in inventory photos to justify legitimate damage deductions.

The Check-Out & Refund Reconciliation Protocol

When a resident gives 30-day move-out notice, wardens must calculate final room dues, utility charges up to the checkout date, and any physical room damages. Doing this manually on paper leads to bitter arguments and negative Google reviews. PG Master automates the move-out settlement workflow. When a checkout date is selected, the software compiles all pending invoices, deducts them from the initial security deposit balance, and outputs a clean, itemized refund statement PDF.
Got Questions?

Frequently Asked Questions

Clear, verified answers for paying guest property owners and co-living managers.

Yes, PG Master records installment-based advance payments accurately and links them directly to the active tenant agreement.

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