Transaction Accounts

Transaction Accounts

Here you can manage existing or create new accounts to track revenue.

Creating a New Transaction Account in Owner Accounting

Select + Add Record, fill out the details as below, and select Save.

  1. ACCOUNT CODE: Enter in a one word code to help you identify the transaction account
  2. CLASSIFICATION: Enter in an appropriate classification for the transaction account. Maintenance or adhoc transaction accounts should be set to Other
  3. DESCRIPTION: The full name of the transaction account
  4. DEFAULT DISBURESMENT: Select which entity is the recipient of the revenue for this transaction account. Most transaction accounts will be set to BUSINESS.
  5. GST CODE: Select the tax rate for this transaction account.

Managing Existing Transaction Accounts

Double click on a an existing account, and adjust the details as required. You can set an account as Inactive, if it is no longer required.

Syncing Transactions Accounts from GuestPoint PMS

Any transaction account that has been created in GuestPoint PMS, needs to be synced to GuestPoint Owner Accounting by selecting GP Sync. Any transactions accounts that were created in GuestPoint PMS, will display with a green tick in the GP column as below:

    • Related Articles

    • Business Accounts

      Business Accounts Overview The business account details all revenue earned by the business, and breaks down the revenue into each transaction account. It allows you to drill-down into each transaction account, to see each transaction within. Side by ...
    • Owner Accounts

      Owner Accounts Overview The owner accounts screen shows details of all owners, which units they own, their current and past transactions and the ability to print the Owner's Statement. You can drill down on each owner to see transactions, and you can ...
    • 14 – Accounts – Business

      Procedural Note 14 – Accounts – Business Steps Shortcut: Owner Accounting ->Accounts->Business Step-by-Step 1 Press the > to access business (general accounts) – this defaults to the current month (the month yet to be rolled) however does allow a ...
    • 15 – Accounts – Owners

      Procedural Note 15 – Accounts – Owners Steps Shortcut: Owner Accounting ->Accounts->Owners Step-by-Step 1 Step-by-Step 2 Code (relates to the Door or Unit Number Code), Category Relates to the relationship with the owner, EFT (a self-explanatory ...
    • Unit Accounts

      Unit Accounts content TBC