In many cases, security deposits are refundable, therefore not considered part of lease accounting under ASC 842 and not entered into LeaseCrunch software.
In the event the security deposit is nonrefundable, it is a fixed payment, no different than other fixed payments. In this case, it is included on step 2 - Lease Payments & Classification when adding a lease. When this is done on the same date as the lease start date, this will not affect the Lease Liability but will affect the ROU Asset.
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