PM Modules - Accounting

12 Articles

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 - Create and delete recipients, manage 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 - 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 their rentals exce...

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 - Configure OTA Commissions in Accounting

✨ Feature exclusive to the Ultimate Plan! In order for your statements and analytics to take your OTA commissions into consideration, you must configure the commissions per channel in your PM Modul...

PM Modules - Airbnb Fees and Taxes collection in Accounting

Your Airbnb fees and taxes are automatically adjusted in the Accounting section of your PM Modules. All Airbnb bookings taxes and fees are imported into your PM Modules, this includes the fees and ...

PM Modules - 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 need to fix the damage, you will need to account for it. The same counts for cases ...

PM Modules - 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 - 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 - 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...

PM Modules - Create invoices for your recipients

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

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...