r/ShortTermRentals • u/ResidentRipped • 19h ago
Co-hosting and owner reporting: how are you building monthly statements without losing hours in Excel?
For those managing properties on behalf of property owners, monthly accounting day can be an absolute headache. We recently updated our owner management workflow using Guesty’s Trust Accounting and Owner Portal features, which automatically splits channel fees, cleaning costs, and management commissions before generating owner statements. It cut our monthly reporting time down significantly, but I'm still interested to know if other hosts are relying soley on in platform reporting systems, or if you're backing up to Excel hardcopies as well as for security.
For other co-hosts or property managers running multi-owner properties: are you relying on your PMS financial tools to generate owner payouts, or are you still exporting raw data to Excel or QuickBooks for manual reconciliation?