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Owner module: PnL, General ledger & Chart of accounts (Coming soon)

Open and read the owner PnL and General ledger, switch between the owner and PM view, and set up fee allocations.

Written by Nadya

Your owner statements, seen as accounting. This tutorial covers opening the reports, reading them, switching between the owner and PM view, and setting up fee allocations.

1. Open the reports

  1. Go to the Accounting module.

  2. In the sidebar, click PnL or General ledger.

  3. Select a Company (+ a Property) and a period — the report loads as soon as one of them is set. Add both to narrow to a single property within a company.

2. Read the PnL

The PnL groups your owner-statement lines by category:

  • Income — accommodation plus the fees the owner keeps

  • Expenses — costs, commissions, adjustments

  • Net income — equals the owner statement's bottom line

Click a group to expand it and see the accounts inside. Because it is the same data as the statement, the Net always matches the statement total.

3. Switch between owner and PM

The report follows the type of company you pick:

  • Owner company → that owner's P&L (their income and costs)

  • Manager (PM) company → your own P&L (the management commission you earn)

4. General ledger

The same entries, flat — one row each: date, company/owner, property, transaction, details, amount, and a running balance. Use the Account filter to narrow down.

5. Chart of accounts

Open Owner → Chart of accounts. Every account is Revenue or Expenses; fees and expenses map to these accounts, and that mapping is what groups the PnL. One shared chart across the module.

6. Allocations — routing fees to the PM

The owner's income and costs come from the contract — its fees flow straight into the owner's P&L. Allocation is how you route a fee to the manager (PM) instead: set a fee's allocation to Company (PM) and it counts as the PM's income, not the owner's.

Use it for fees that aren't fixed by the contract — typically service fees (cleaning, check-in, linen) the PM may keep for itself.

  • Accommodation → the owner (from the contract)

  • Management commission → the PM

  • Service fees → route with allocation

To set it: go to Settings → Fees, open a fee, and set Allocation to Owner or Company (PM).

7. When revenue is recognised

This depends on the contract's allocation method:

  • Check-out — the whole reservation counts in its checkout month

  • Pro-rata — revenue spreads across the months of the stay

  • Check-in — counts at the start

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