Guesty For Hosts offers three business models to help calculate your income reports. When you create a new income report, choose one of the following that best fits your business needs.
Important:
Entries from Expense Tracking will only appear on income reports for payout and invoice business models, not for self operator.
- Self Operator: You run your own business do not need to calculate any commissions in your reports. You will see the total earnings with a detailed price breakdown in your report, but no payouts or management fees will be calculated.
- Payout Model: You are collecting the whole payout and sending their share to owners.
- Invoice Model: Your clients get the whole payout and you invoice them for payment.
If you select the payout or the invoice model, you will be prompted to complete the following fields:
- Your payout or management fee is a percentage of one of the following calculations:
- Gross amount: (accommodation fee + cleaning fee)
- Net payout: (accommodation fee + cleaning fee - platform service fee)
- Net payout without cleaning fee: (net payout - cleaning fee)
- Accommodation fee: comes from the reservation channel based on nightly rates.
- The percentage used to calculate the payout or management fee.