Owner Statements and Invoices are now properly handling calculations for hosts who take Airbnb co-host payouts from Airbnb directly!

Here’s how it works:

• When configuring our Reservation commission, let us know that you receive Airbnb co-host payouts directly from Airbnb. 
• On your Statements or Invoices, you’ll see a few new columns:
  • Total paid to manager/owner will include the amounts already paid by Airbnb to the manager/owner
  • Remaining balance due to manager/owner will include any additional amount owed to the manager/owner from Flat fees that are a part of the Reservation commission, if any
• On your Profit & Loss and, if connected, your accounting software, you’ll notice that journal entries for commissions from Airbnb reservations are marked as paid on the check-in date, while the commissions and fees from reservations on all other platforms are marked as paid when the relevant Statement or Invoice is marked as paid.

Let us know what you think!

Happy Hosting,

Hospitable’s Mogul team

PS - If you receive Airbnb co-host payouts, and have been using Owner Statements and Invoices anyways and utilizing hacky workarounds, we’d recommend you set up new Reservation commissions and apply that to future months moving forward. Check out our help article on applying a subsequent commission to a property here.