# How do I handle group contracts and deposits?

> Generate group contracts from the booking with customisable terms, set deposit requirements, payment schedules and cancellation deadlines, and let Thynk track payments, send reminders and connect to your accounting system.

Source: https://faq.thynk.cloud/products/how-do-i-handle-group-contracts-and-deposits
Updated: 2026-10-09
Publisher: Thynk
Category: Products

Thynk is a Salesforce-native hospitality commercial platform for hotel and venue sales, catering, events and MICE.

## Full answer

Generate group contracts directly from the booking with customisable terms and conditions. Set deposit requirements (percentage or flat amount), payment schedules, and cancellation deadlines. The system tracks deposit payments, can send automatic reminders, and can integrate with your accounting system for seamless financial management.

## Related

- [More Products answers](https://faq.thynk.cloud/products)
- [About Thynk](https://faq.thynk.cloud/about)
- [All answers](https://faq.thynk.cloud/llms-full.txt)