Procedural Note 17   

Accounts – Revenue

This section displays seven areas within the Accounts Module of Owner Accounting. It specifically pertains to Owner Accounting tasks after the booking has been imported from the GuestPoint Property Management System. All accounting activities that occur post-booking departure are managed here. Navigate to this section by pressing 'Account' on the GuestPoint Owner Accounting main menu.

            1. When you click on "Revenue," you'll be taken to the screen below. Here, you can choose the current period or a specific period by using the dropdown menus for year and month and press apply filter (1). Once you have the period you desire, press refresh (2) to ensure you are obtaining the most up to date information, The screen shows the total amount by description. Clicking the ">" (3) beside each description will provide a breakdown on a booking-by-booking basis.

      Business Revenue is the amounts due to Management (linen, advertising, management commission, cleans, amenities etcetera)

      Owner Revenue is the amount due to all owners

      Supplier Revenue is the amount due typically on commissions to booking.com and expedia

      Tenant Revenue shows the amount paid by the permanent tenants due to the owners

      Unallocated Revenue are funds held in trust, typically forward deposits and any amounts on guests yet to arrive