Connecting your property management software or platform to QuickBooks Online or Desktop for automated financial tracking, including income, expenses, and tax reporting.
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Glossary Term: QuickBooks
21 posts
Pre-designed sets of questions created within QuickBooks to gather essential information from potential guests or clients interested in short-term rental bookings or property management services.
Built-in mathematical formulas and calculations within QuickBooks that simplify accounting tasks for short-term rental managers, such as calculating occupancy rates, cleaning fees, or tax liabilities.
Concise and user-friendly resources specifically designed to help short-term rental owners and managers quickly set up and utilize QuickBooks for their business accounting needs.
A feature in QuickBooks that allows short-term rental owners to monitor and manage their inventory of essential supplies, such as toiletries, linens, and cleaning products, ensuring adequate stock levels.
Visual representations of key performance indicators (KPIs) within QuickBooks, providing insights into the financial health and performance of a short-term rental business.
Features and settings within QuickBooks that allow short-term rental owners to manage user access and permissions to financial data.
Tools within QuickBooks that allow short-term rental hosts to track mileage for business purposes, aiding in accurate expense reporting and tax deductions.
Functionality within QuickBooks that facilitates the calculation and scheduling of quarterly estimated tax payments for short-term rental income.
Integration between QuickBooks and video conferencing platforms like Zoom, allowing hosts to schedule and track virtual guest interactions for accounting purposes.
Online communities and forums where QuickBooks users, including short-term rental hosts, can ask and answer questions related to software features and best practices.
Specific metrics used within QuickBooks to track the financial health and performance of a short-term rental business, such as Occupancy Rate, Average Daily Rate (ADR), and Revenue Per Available Rental (RevPAR).