Accounting and Payment Tools
Don’t spend hours or days reconciling batch payments from an OTA. With Hometime’s financial tools you can reconcile payouts for multiple reservations in minutes and quickly view unpaid reservations.
Use the tasks feature to track operational expenditure at a property level including cleaning and maintenance tasks. We combine this information with your payouts to streamline end of month statements.
Key features are free
No credit-card required
Financial reporting made easy
Download monthly financial reports to streamline your end of month statements and keep a close eye on business performance. Combine income data from reservations with expense data from tasks and management fees from the properties section.
The result is a detailed breakdown by reservation including gross booking value and your calculated management fees, cleaning income and expenses to provide a net position for the owner and the business.
End of month statements
Extend the power of financial reporting and generate end of month owner statements in minutes. The tool provides a live preview making it easy to check reservations and expenses and then edit if necessary.
Airbnb resolution centre payments appear automatically and can be paid to the owner, the business or split based on management fees or other logic. Quickly view all outstanding statements and prioritise accordingly.
Are you looking for a financial management solution to help you manage your short-term rental business? Here's some of our frequently asked questions about the Hometime Platform Financial Management feature:
Choosing the best financial management software for your Airbnb management business
Running the financial side of any business can be a challenge.
Whether you are reconciling batch payments or staying on top of your monthly reports — knowing the ins and outs of your business’ financial performance not only takes time and energy, but is key to your success.
Hometime Platform’s Financial Reports feature was created to help boost your confidence by making your financial management a breeze.
Features to look for in a financial management software
With the Hometime Platform financial tool, you can now reconcile payouts for multiple reservations in minutes and quickly view unpaid reservations.
Our financial tools allow you to generate monthly financial statements in minutes. You can split out batch payments across multiple properties and combine income data with cleaning & maintenance expenses to produce a complete month end financial statement.
The result? A detailed breakdown by reservation, including gross booking value and your calculated management fees, cleaning income and expenses to provide a net position for the homeowner and the business.
Getting started with Hometime’s financial management solution
Getting started with Hometime Platform’s financial reports feature is as simple as 123. Simply connect your Airbnb account to the payouts feature and ensure your other channels are connected as required. Then make sure you assign an expense to the cleaning and maintenance tasks being generated by the system (note this can be automated through task templates). Finally, build a template for your financial statements where you can customise calculations for management fees and other fees charged to the owner. Now your financial statements will be generated automatically each month and all you need to do is review and send to the homeowners.