Security deposits and refunds: set them, track them, return them
Set a security deposit on each vehicle as a fixed amount or a percentage, and it is added on top of the rental price and recorded on the booking. A refundable deposit goes back once the trip is done, and the dashboard prompts you to refund when a paid booking is canceled or rejected.
Last updated November 3, 2026.
Setting the deposit on a vehicle
In a vehicle's settings, enter a security deposit as a fixed amount or as a percentage. A percentage is taken from the subtotal after discount and VAT. Leave it at zero if you do not take one.
How it shows on a booking
The booking shows the rental price, the security deposit marked as refundable and added on top, the payments received and the balance still due. That keeps what is returnable separate from what you earned.
Returning or refunding it
- Completed rental: for a quoted booking with a refundable deposit, the dashboard flags the deposit to be returned after the trip.
- Canceled by your team or rejected, with verified payments: the dashboard flags the refund so you decide how much to return.
- A reservation fee on a quote is kept rather than refunded, and the booking labels it as non-refundable so the customer knows up front.
Transfers work differently
Pickup and drop-off bookings collect a non-refundable downpayment, not a security deposit, so the deposit refund flow does not apply to them.
Good habits
State your deposit and return rules in your terms and on the booking form, record the refund as soon as you send the money back, and keep the payment proof. The GCash payments guide covers matching proofs to bookings.
Frequently asked questions
Does CarRentSaaS hold the deposit for me?
No. Customers pay you directly through the methods you set up, and CarRentSaaS records it on the booking. Returning it is something you do yourself.
Can I charge a percentage instead of a fixed deposit?
Yes. Choose Fixed or Percent per vehicle. A percentage applies to the subtotal after discount and VAT.
Related
Payments and deposits Guide: how to track GCash payments Self-drive car rental softwareMore help topics
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