Accounting by Guesty is a premium feature available to Pro users only. Please contact us to discuss activating it.
If you haven't already, set up your business models and activate Accounting to start using Owner statements.
Guesty automatically creates owner statements with a summary of revenue, expenses, and payments related to an owner. If you add or remove transactions after a owner statement was automatically generated, you can regenerate the statement for an updated version.
Follow the instructions below to regenerate a single statement or several statements at once, in bulk.
Tip:
Regenerating an owner statement is only possible after it has been automatically generated. If you would like to manually generate a statement, for example to preview it, follow these instructions.
When to regenerate an owner statement
We recommend regenerating an owner statement if any change has been made to a particular month's statement after its generation date, which is usually on the first of the month.
See some examples below of changes that we believe require regenerating a statement, assuming the owner statement period is from September 1st to September 30th:
- A change in the reservation folios, such as an extra charge or a partial refund, was made on Oct 5th, and the statement was generated on Oct 1st: You must regenerate the October owner statement to ensure it gets the reservation's new financials.
- You added an owner charge for $500 on Oct 10th and dated it for Sep 17th: Even though this charge is not attached to a particular reservation, its effective date is in September and since that statement was already generated, you must regenerate the October owner statement.
Regenerating a single owner statement
Step by step:
- Sign in to your Guesty account.
- In the top navigation bar, click the mode selector and select Accounting mode.
- Click Owner accounting and select Owner statement.
- To the right of the statement you want to regenerate, click the three dots in the "Status" column.
- From the drop-down, select Regenerate.
Regenerating several owner statements at once
Note:
Please allow additional time for the bulk regeneration process during heavy demand periods, like between the last day and the first day of the month. For faster results try running the bulk statement regeneration during off peak hours, or for a single statement at a time.
Step by step:
- Sign in to your Guesty account.
- In the top navigation bar, click the mode selector and select Accounting mode.
- Click Owner accounting and select Owner statement.
- In the "Owner name" column, activate the checkbox to the left of each statement you want to regenerate.
- In the gray header that appears, click Regenerate.
Tip:
Learn how to view the regenerated statement.