Beta: Automating pending entries for owner expenses (New feature)

Automate pending entries under your Accounting setup to help owners avoid overdrafts.

Once enabled, expenses and journal entries that would cause an owner's balance to go negative will be created as "pending" with an "insufficient funds" status. When an owner has enough funds, these pending expenses and journal entries will automatically be recognized.

Learn how to manage expenses with insufficient funds.

Follow the steps below to set up automatic pending entries.

Create pending entries

Step by step:

1. Sign in to your Guesty account.
2. In the side navigation menu, click Accounting to open the dropdown menu.
3. Under Accounting setup, select Accounting method.
4. In the top-right corner, click Edit.
5. Under "Do you want to create pending entries?", select Yes, create pending transactions.
6. In the pop-up, click Create pending transactions to confirm.

Choosing to not create pending expenses allows owners to go to a negative balance.