Financials Report
The Financials report turns your bookings and costs into a proper bottom line. Where the Revenue report shows top-line income, Financials subtracts the costs of doing business -- commission, payment fees and expenses -- to show what you actually keep, and summarises the tax you've collected. Use it to understand profitability and to prepare figures for your accountant.
Accessing the Financials report
- Click Reports in the sidebar.
- Select Financials.
- Choose your date range and, optionally, a specific listing.
Profit & loss
A full profit-and-loss statement for the selected period, built from the top down:
Income
- Revenue (gross) -- the full booking value your guests paid.
- Refunds -- amounts refunded, subtracted from gross.
- Net revenue -- gross revenue minus refunds.
Costs
- OTA commission -- what Airbnb, Booking.com and other channels kept.
- Payment fees -- processing fees on online payments (e.g. Stripe).
- Expenses -- your recorded expenses for the period.
- Total costs -- the three cost lines added together.
Net operating income (NOI) -- net revenue minus total costs. This is your bottom line: what's left after the direct costs of running your rentals.
A per-property table breaks Revenue, Costs and NOI down for each listing, so you can see which properties are the most profitable -- not just which earn the most.
TIP
Net operating income differs from the Revenue tab's headline number. Revenue shows gross income; Financials shows what remains after commission, fees and expenses. A property can top the revenue chart yet trail on NOI if its channel commission or expenses are high.
Tax breakdown
A summary of the tax and statutory fees contained in your bookings. This card appears when there is tax to report:
- VAT -- broken down by rate, showing the taxable base and the VAT amount for each rate.
- Tourism tax -- any city or tourist tax collected.
- Other fees -- other statutory charges.
These are amounts you have collected on behalf of the authorities, not income you keep -- which is why they sit in their own card rather than in the profit & loss. Use this breakdown when preparing a VAT return or a tourism-tax filing.
How to use the Financials report
- Track true profitability. Watch net operating income, not just revenue -- it's the number that reflects your actual earnings.
- Compare listings fairly. Use the per-property NOI to spot properties whose costs eat into otherwise strong revenue.
- Prepare for filing. Pull the tax breakdown for the relevant period and export your data for your accountant.
Related
- Reports Overview -- Introduction to the Reports module
- Revenue Report -- Top-line income and trends
- Forecast Report -- Confirmed revenue and cashflow ahead
- Exporting Data -- Download report data as CSV