The [Owner Statements] screen has its items generated from routines related to the forwarding of reservations.
Check below how each item is generated in the screen:
Item | Summary | Details |
|---|---|---|
| Credit | They occur more often when you post the forwardings of reservations to the owners, but it is also possible to be a posting made through your payable accounts routine, [Pay the owner] option or receipt routine, [Receive a payment and share with owner] option. | SEE DETAILS |
| Debit | It happens when you post payable accounts of the [Pay a bill on behalf of the owner] type or [Share a bill with the owner]. | |
| Balance | It happens when you set up a balance to pay to the owner in the screen [Owner Statements]. This serves to represent the payable account present in your cash to pay the owner and deduct their balance for the next cycles. Feature available only in the Agency plan! | SEE DETAILS |
In the Administrator plan, both the posting of the debit transactions to the owners and the closing of forwarding cycles are done from the [Owner Statements] screen.
To post expenses, just click on the [New Transaction] button, then [Payment] and choose one of the options mentioned in the table.
About the owner's balance, just post a transaction of the [Pay a bill on behalf of the owner] type where your finance sector will pay the amount and the owner's balance will be decreased.