Creating a business model

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Accounting by Guesty is a premium feature. Please contact us to discuss activating it.

Set up your business models in Guesty to have a strategic plan for your accounting needs. Read the checklist before getting started and follow the instructions below or watch our video.

 

 

Step by step:

  1. Sign in to your Guesty account.
  2. In the top navigation bar, click the mode selector and select Accounting mode.
  3. Click Business models.
  4. At the top right, click Add business model
  5. Fill in the information as outlined below or learn more here:
    • Name
    • Activation date
    • Description
    • PMC commission
    • Trust account income
      • You can add a recurring owner charge
    • Trust account expenses
      • You can add a recurring expense
  6. Click Save

The business model will be applied according to the check-in date of each reservation.

Important:

Tier-based commission splits are not supported in business models. For example, setting up the owner share as 80% of monthly revenue when the revenue is less than or equal to $X, and 75% when it is higher than $X.

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