Deactivating a property instead of deleting it ensures that your financial records remain accurate and intact. Deleting a listing permanently removes all historical data, journal entries, transactions, reports, and owner statements. This action is permanent and cannot be undone.
To maintain financial data integrity, reassign the listing to a temporary business model, complete final owner payments, verify future reservations, and then deactivate the property.
This article guides you through the process of safely retiring a listing without disrupting your accounting data.
Preparing the listing for deactivation
Before deactivating a listing, you must update its business model and reconcile any outstanding financial activities.
Moving the listing to a dummy business model
Assign the listing to a separate, unused business model to stop automated financial calculations.
Reconciling owner payments and reservations
Complete all outstanding financial tasks for the listing to ensure owner statements generate correctly.
Record owner payments: Verify and record all final payments to the relevant owners before changing the status of the listing.
Check future reservations: Ensure the listing has no upcoming reservations. Future check-ins generate new financial entries and owner statements automatically.
Deactivating and unlisting the property
Unlist the property from your booking channels and deactivate it in your account once you reconcile all financial records.