To move holding funds to rent/deposit, a Double entry can be added to the system.
Navigate to Financials > Double entry
Within the Money out section, please populate the fields as below:
Category = The property
Subcategory = Holding funds out
Adjustment value = The balance to transfer
Within the Money in section, please populate the fields as below:
Category = The property
Subcategory = % Rent in or Deposit in
If Rent in was selected, choose the relevant Rent period
Adjustment value = The balance to transfer
Click Add Adjustment
This will create a debit and credit balancing payment showing the transfer of funds within the system.