Latest News from the Hospitable.com team
Feature update

Credits available for Owner Statement Transactions

Alan avatar
Shared by Alan • November 06, 2024

Owner Statements

We received fantastic feedback from users about Owner Statements, specifically on our Transactions feature. Our product team synced and was able to quickly push an update!

Now you can add credits to your monthly owner statements! This is important when money needs to be reimbursed back from a booking and passed on to the property owners.

You'll see expenses and credits both show as transactions on the statement and are summed to get a total.

  • If the total is positive, that means the owner owes the property manager, and the statement summary will say 'Expenses due to PM'
  • If the total is negative, that means the property manager owes the owner, and the statement summary will say 'Reimbursements due to Owner'

An example of when this would be used is if any damages are protected by Airbnb's AirCover service and need to be reimbursed to the property owner.

Simply go into Operations > Owner Statements > Transactions and choose the credit option at the top of the screen. You can then add the details below and will see it reflected in your next statement!

These features are available for users on our Mogul plan, but you can test out Owner Statements and this new Transactions functionality in this interactive tour!