We are hosts -- sorry, I would have figured readers would recognize the term split-payouts. Hosts have the ability to take their earnings in more than one account. In our case, the property owner gets 70% and the manager gets 30%. A guest was recently given a refund for part of their paid stay. I was assuming that AirBnB would subtract that refund from our next payout (net earnings) before sending 70% to one and 30% to the other. Turns out I was wrong. AirBnB divided the payout amount first, then subtracted the refund from the owner's share. Since we received the funds with the 70/30 split, we have to go back and do the math to determine what the manager owes back to the property owner.
Say someone pays $1,000 to stay 2 weeks. They have to shorten their stay and we agree to refund $100. We've already gotten our payout from this guest because they've already checked in. So when our next guest checks in and we're expecting, say, $300 from AirBnB the next day, we don't get $300 - $100 = $200, divided into $140 for the owner and $60 for the manager. We get $300 divided $210 for the owner and $90 for the manager, and then $100 taken from the owners share, resulting in the owner getting $110 and the manager getting $90, completely messing up our 70/30 arrangement.
So whenever we agree to send a refund to a guest who has already checked in, the manager ends up owing the owner their percentage of the refund that comes out of the next payout from AirBnB. Clear as mud, right?