Go to companies and click Add new.

Add your company data:

Add properties to your company:

Even if you had created your owners as users in Hostify, you need to create them like owners in the owner's module:

If you want your owners to have access to their statements and expenses add the same email as their username in the owners portal.

Create your vendors, if you need to add expenses for your properties.

Find your owner and add a contract:

Or go to contracts and click +Add New.

Important—only reservations from the contract's start date will be applicable to the owner's statements.

When the contract is created you could build your rules:

Add a desired percentage for your management commission.

Select what is your management commission based on, and what is a deduction from the dropdowns:

Select what should owner earns and what should be deducted from his revenue:

Note—if you had created any booking costs you should apply them from the dropdown in Expense items.

In the field, Owner statements select the Booking revenue allocation (for longer bookings you could pro-rata your statements):

When you are done with your settings click save.

Add properties to contract (you could build different contracts for different properties with the same owner if you have different management commissions or agreements):

After you create your contracts, or added additional costs in them, refresh your reservations, so the changes could be applied.

How to refresh reservations—See Advanced fee management article

In the Pricing breakdown you can see the owners revenue, your management commission, and costs for every contract that you created:

You could add some fees, extras, and costs during the reservation if you had defined them in the templates for this listing.

Go to expenses and click +Add New.

You can repeat the expense if the amount is the same for each period of time (for example let us choose to make a repeat expanse for Netflix):

You could attach a receipt, Invoice, or photo to the expense as well:

Owner statements will be automatically generated based on contract settings that you made:

If the statement is not Finalized every change on reservations or adding more expenses will reflect on it. If it is finalized no changes will apply (but you could un-finalize and finalize if needed).

Statements could be finalized in a single record after review, or in bulk on the Statements grid page.

If you made some changes, added costs or similar, you should refresh your statements in order those changes to be applied:

If you need your owners to have access to their statements and expenses (or only statements or only expenses) contact our support team to build a custom role for those owner's users.