QuickBooks - How Syncing Works

OwnerRezApr 24, 20207m 53s3.2K viewsScore 85
Hosting Operations
intermediate
QuickBooks integration
OwnerRez sync
accounting automation
STR bookkeeping
financial reporting
M

Summary

AI-generated

This video explains how OwnerRez integrates with QuickBooks, detailing the automatic syncing process for bookings, payments, and financial data. Hosts will learn how to configure settings to customize how charges, surcharges, taxes, and classes are mapped to QuickBooks items for accurate financial tracking.

Key insights

  • Invoice numbers in QuickBooks can be set to match OwnerRez booking numbers by default, simplifying the process of tracking which invoice corresponds to which booking.

Mistakes to avoid

  • Not configuring specific product/service items for surcharges or taxes in QuickBooks can lead to all related line items defaulting to a generic 'rent only' item, obscuring detailed financial analysis.

Tools & resources

  • QuickBooks Connecting & Setup guideguide

    OwnerRez provides a QuickBooks Connecting & Setup guide for users needing to link their accounts.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial