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The Owners Area can be used to manage your payments to each Owner. Because many property management companies pay Owners on a regular basis for bookings generated through their properties, we use our Agents feature to track Owner payments. Below is an example of an Owner record with the historical bookings paid to that owner by receipt date and number. The use of the Agents feature to track Owner payments is available.

Expenses

Expenses can be added to each Owner Unit

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and expenses for each Owner. Transactions for each owner can be viewed in the Owner Statement. To create a statement go to Owners Statement

Before you enter any payments or expenses you must  have a Transaction Category for the transaction. If you already have a category created such as, "Cleaning" or "Commissions", then enter your payment or expense. If you need to create a new category, go to Transaction Categories.

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Owner Expenses

Click on Expenses in the Owners Area to see a list of all Owner expenses. Use the sort function to sort this list as needed.

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To add an expense to an Owner Unit:

  • Click Add
  • Choose the Room to assign the expense from the drop down list
  • Enter a Vendor name and/or Reference if needed.
  • Enter amount
  • Choose the Transaction Category from the drop down list
  • Enter any notes if necessary
  • Click Save

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Owner Payments

Click on Payments in the Owners Area to see a list of all Owner payments Use the sort function to sort this list as needed. 

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To add a payment to an Owner Unit:

 

  • Click Add
  • Choose the Owner from the drop down list
  • Enter a Reference note if needed.
  • Enter amount
  • Choose the Transaction Category from the drop down list
  • Enter any notes if necessary
  • Click Save

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