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Money

Owner Portal

Run rooms or apartments for their owners, keep a commission, and give each owner a monthly statement and a private page.

If you run rooms, apartments or villas for their owners, the Owner Portal works out what each owner earns and what you pay them each month. Statements follow from the bookings by themselves. Each owner can also see their own figures on a private, read-only page.

The Owner Portal

Add an owner

Create the owner

Go to Owner Portal and click New owner. Enter the Name, Email and Phone. You can add Notes too, like bank details. Only the hotel sees the notes. Click Add owner.

ChatBeds shows the owner's private link once. Click Copy link and send it to the owner. Keep it safe: it is shown only now.

Add their rooms and terms

Under Rooms and terms, click Add and choose a Room (or The whole property). Then set the terms below and save.

The terms

TermWhat it means
Commission %What the hotel keeps
Taken onAll earnings, or Earnings after cleaning
Cleaning per stayCharged to the owner for each stay that begins in the month
From and UntilWhen these terms apply. Leave Until empty for no end
  • A room has one owner at a time.
  • New terms start on a date. Past statements keep the old terms.
  • All of one owner's rooms use the same currency.

How the monthly statement is worked out

For each room on terms that month:

LineHow it is worked out
EarnedRoom nights, fees and extras from its bookings, on the night or day they are for. Tax is left out.
CleaningThe cleaning charge × stays that began that month
CommissionCommission % × earned (or × earned less cleaning)
PayoutEarned − cleaning − commission

The owner's payout is the total of their rooms' payouts, less any expenses charged to the owner that month (for example, a repair in their apartment). You charge an expense to an owner on Finance → Expenses. See Expenses.

Example

Daniel Moore owns room 301. The hotel keeps 20% of all earnings and charges $25 cleaning per stay. In October, room 301 earns $3,000 from 6 stays.

LineAmount
Earned$3,000
Cleaning (6 × $25)−$150
Commission (20% × $3,000)−$600
Payout$2,250

If the hotel also charged Daniel $40 for a new kettle, his payout for the month is $2,210.

From draft to paid

Each month moves through these stages:

StageWhat it means
This month so farThe month is still running
Not finalised yetThe month is over, and figures still follow the bookings
FinalisedYou fixed the figures. They stay exactly as the owner was told, whatever happens to bookings later
PaidYou marked it paid, with a reference
  • Once the month is over, click Finalise next to it.
  • Click Mark as paid and add a payment reference, like a bank transfer number.
  • Until a statement is paid, you can click Reopen to work it out again from the bookings.
  • Click Print or save as PDF to print the statement without the menus.

The owner's private page

Each owner gets a private, read-only page. It shows:

  • the last 12 months and this month so far;
  • the statement of any month;
  • bookings coming up in their rooms (guests by first name and initial only).

The owner never sees your notes, other owners' rooms or other guests.

  • New link makes a new link. The old one stops working.
  • Turn off stops every link for that owner. Turn on brings the owner back.

The link is shown only once

ChatBeds does not store the link itself, so it can't show it again. If an owner loses it, make a New link and send that.

Who can do what

PermissionWhat it allows
See the figures or Manage ownersSee owners and statements
Manage ownersAdd and change owners, terms and links; finalise, reopen and mark statements paid

The built-in roles Owner, Admin and Accountant can manage owners. A login limited to some properties can't open the Owner Portal, because one owner's statement can cover several properties. See Roles and permissions.

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