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).
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Glossary Term: QuickBooks
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Templates and tools within QuickBooks that simplify the process of generating and filing necessary employer forms for short-term rental businesses with staff.
A comprehensive online resource provided by QuickBooks that offers articles, tutorials, and FAQs to help users navigate the software and address specific accounting and financial management questions related to short-term rentals.
Features in QuickBooks that allow short-term rental hosts to track and manage quantity discounts received when purchasing bulk supplies for their properties.
The practice of monitoring specific keywords and search terms related to short-term rentals within QuickBooks reports and data to identify trends, understand customer behavior, and optimize marketing efforts.
Automated calculation of sales tax within QuickBooks, ensuring accurate tax collection and remittance for short-term rental bookings.
Generating financial statements and reports on a quarterly basis within QuickBooks to assess the performance of a short-term rental business over a three-month period, aiding in tax preparation and financial planning.
Mobile application provided by QuickBooks, enabling short-term rental hosts to manage their finances and track business performance on the go.
Utilizing QuickBooks to create professional and customized quotes for potential guests inquiring about short-term rental bookings, outlining pricing, fees, and terms for their stay.