Activating Accounting

Organize and keep track of your business’ finances using our Accounting solution. Follow the instructions below to activate Accounting.

Step by step:

1. Sign in to your Guesty account.
2. Set up your business models and assign the relevant listings to it. By default, the business model applies to future reservations that are confirmed after you activate Accounting. If you want existing reservations to be processed, click Assign and reprocess and make the "Reprocess starting date" the beginning of the month you want to start using Accounting.
3. After you create the business model, you will be redirected to the business model page. In the top-right corner, click Activate accounting.
4. In the pop-up, select the "Entry trigger" for each income/expense in your business models to choose when it should be recognized and recorded:

   • Check-in: Income/expense is recognized at check-in, even if the guest pays before checking in.

   • Check-out: Income/expense is recognized at check-out, even if the guest paid before checking out.

5. Click Activate.

The entry triggers you selected will be the default revenue recognition in every business model you create after activating Accounting. You can change this in the business model itself, if needed.