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Owner Expenses - An Overview
Owner Expenses - An Overview

There are various types of expenses and charges that can hit an owner statement. This article is a guide to all types of owner expenses

Updated over 9 months ago

Owner Expenses are an essential part of providing a high level of service to property owners. Here is an overview of each king of expense that shows up on the owner statement:

  1. Management Commissions

  2. Expenses paid by the property manager, then billed to the owner at cost - As covered by the Expenses and Transfers - Locations Method Article, you can capture the transaction straight from the bank feed as an expense or enter a bill using the following parameters:

  3. Marked up expenses - click this link to watch a tutorial on marked up expenses from one of our office hours sessions

  4. Recurring Monthly Fees (Admin, Tech, Supplies, etc, but not Management Commissions)

  5. Fees based on reservation data (charge per guest, per night, per booking, etc.)

  6. Owner Cleans

  7. GST on Owner Expenses (Only Applicable for Canadian Companies)

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