Adding a journal entry

A journal entry records a transaction that doesn't fall under a predefined Guesty transaction. When you add a journal entry, you define which account to debit/credit, select the relevant owner, vendor, or guest, and enter the credit/debit amount.

Limitations

Keep the following limitations in mind when adding a posting journal:

• Advanced Deposit ledger: You must include the reservation number for the Advanced Deposit ledger.

  • To automatically populate these details, add the journal entry via the reservation.

  • If you add the journal entry via the Posting Journal, you must enter the reservation number manually.

• Inactive listings: If a listing is inactive, you can only create a journal entry in the Posting Journal, not in a reservation.

In a reservation

Step by step:

1. Sign in to your Guesty account.
2. In the top navigation bar, click the mode selector and select Financials mode.
3. Click Reservations.
4. Select the relevant reservation.
5. In the gray banner at the top of the page, click Balance due or Payout.
6. Scroll down to the "Accounting folio".
7. In the top-right corner, click Add journal entry.
8. Fill in the required information. 
9. Click Add.

In the Posting Journal

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 General ledger and select Posting journal.
4. In the top-right corner, click
5. Fill in the required information. If a listing doesn't appear as an option, first assign it to a business model.
6. Click Add.