PM Modules - Accounting

10 Articles

PM Modules - How to account for damages/cancellations caused by a guest

✨ Feature exclusive to the Ultimate Plan! If damage was caused to your rental during the stay of a guest, and you will need to fix the damage, you will need to account for it. The same counts for c...

PM Modules - Reasons why the Net Income and the amount Paid out in your accounting statement don't match

✨ Feature exclusive to the Ultimate Plan! Once you are finished creating an accounting statement and have created the payments for every recipient that takes part in the accounting statement, the a...

PM Modules - How to create invoices for your recipients

✨ Feature exclusive to the Ultimate Plan! Once you have created the payments, you will be able to create invoices for your recipients. To do so, you will need to follow the below steps: Head to th...

PM Modules - How to set up exceptions in the recipient strategy

✨ Feature exclusive to the Ultimate Plan! When setting up your recipient strategies, you can also add exceptions, for example, if the owner earns 80% of the booking value for all his rentals except...

PM Modules - Understand how commissions, fees and taxes are applied in accounting

✨ Feature exclusive to the Ultimate Plan! If you are using our Accounting Module to account for bookings from a variety of different sources such as Booking.com, Airbnb, Expedia, it depends on the ...

PM Modules - How to add expenses in accounting

✨ Feature exclusive to the Ultimate Plan! If you had an additional expense for your rental that is not connected to any booking such as a broken lamp, you would need to add this expense to your acc...

PM Modules - Understand the accounting module

✨ Feature exclusive to the Ultimate Plan! Whether you’re a small company with few owners or one with many parties that receive money from your side, we believe that our accounting module has got yo...

PM Modules - How to create recipients and their payment strategy

✨ Feature exclusive to the Ultimate Plan! For each person that earns money from the reservations, you first need to create a Recipient and then define a Payment Strategy that tells the system how m...

PM Modules - How to create an accounting statement

✨ Feature exclusive to the Ultimate Plan! Accounting Statements are reports about the revenue and expenses of a specified time period for the selected rentals with the same currency. 💡 Note: We rec...

PM Modules - How to create and edit payments for an accounting statement

✨ Feature exclusive to the Ultimate Plan! In order to create payments and invoices for all the people you need to pay, such as rental owners, check-in agents, cleaning staff, and yourself, you will...