Accounting Spreadsheet

[Gaetano-and-Odilia0]

Hello Everyone,

Can anyone suggest software to record all income and expenses or perhaps a shreadsheet does the trick.  Thank you.

[Farisya0]

Hai @Gaetano-and-Odilia0, Farisya here. I would suggest using PMS that comes with Airbnb accounting software. This means that you will only need to use PMS and at the same time you can easily keep track of the income and expenses easily. I believe this article is useful for you https://page.mysoftinn.com/en/airbnb-accounting-software 

[Annmarie59]

 Hi there

We are new to Air B n B and just completing Tax Returns. Would love a copy of a Spreadsheet we could use.

Kind Regards

Annmarie

[Kris2643]

I am a new Airbnb host with just two properties,  and now attending to these tax returns. Would you be willing to share a copy of a Spreadsheet too?

Warmly,

Kristin 

[Ramona23]

Try Ramona the Host Airbnb expense tracking app. You can find a demo video and links to the App Store and Google Play store at ramonathehost.com

[Jay1304]

Hello All!   I use a software program called AccountingSuite (https://accountingsuite.com) - it's pretty customizable so I don't need any other software to manage my business.    WIth the business version, I can create a sales order (I call it a reservation) and record the check-in date and check-out date (custom fields, you can have as many as you want!) and then when they arrive, I'll create an invoice and record the money in a clearing account.  When airbnb sends me the money, I create a deposit where I can record the host fees.   Then I just match it up with the automated bank feed transactions that come in via my bank automatically and I have a daily reconciliation.     At the end of the year, a simple report lists out all of my income and expenses so taxes are a snap.  The have stellar support, they put their phone number all over the place (I hate it when they try and hide it) and offer chat, live video support, Facebook support, email,  and web.  And it's only $25/month!

[Karol22]

BNBTALLY FOR QUICKBOOKS ACCOUNTING AUTOMATION: I found that BNBTALLY is absolutely amazing at automating my Airbnb's into QuickBooks (it works for Xero also). My accountant set me up with it over a year ago and it saves me a tone of time. Plus they have great reviews on the QuickBooks & Xero app stores: https://www.bnbtally.com/

AIRBNB ACCOUNTING SETUP GUIDE: Definitely take a look at this comprehensive guide, which gives an in-depth rundown about accounting and bookkeeping for Airbnb for both QuickBooks and Xero: https://blog.bnbtally.com/airbnb-accounting-and-bookkeeping

ACCOUNTING TEMPLATES: There’s several ways to set up QuickBooks. As some Airbnb hosts own their listings, other hosts manage listings on behalf of an owner, while some rent and sublease - these are all legitimate business models and result in different chart of accounts. You can find several sets of templates for each chart of account setup here: https://www.bnbtally.com/airbnb/quickbooks/chart-of-accounts-template

I absolutely love BNBTALLY! https://www.bnbtally.com/