Monthly Workflow
For Anfitrión to be really useful, consistency is key. Here's a step-by-step guide of what you should do each month to maintain impeccable financial control.
Step 1: Review Bookings
At the end of the month (or as they happen), make sure all the month's bookings are recorded and their amounts match what platforms report.
- Tip: Verify that cleaning expenses associated with bookings have been recorded correctly.
Step 2: Record Transactions
Upload all utility invoices (Electricity, Water, Internet). Use the scanning function for physical invoices or maintenance receipts.
- Tip: Don't forget to record small expenses (repairs, guest supplies like coffee or toilet paper).
Step 3: Reconcile Budget
Head to the Budget section.
- Review pending items (those you budgeted but have no linked transaction).
- If everything is correct, use "Generate all" to close the budgeted month.
- Detect deviations: If actual spending on an item is much higher than estimated, analyze why.
Step 4: Review Global Deviations
Look at the "Unbudgeted" KPI. If this number is high, it means you've had many unforeseen events or your annual budget is too tight and needs adjustments.
Step 5: Close Transactions
Mark as "Closed" the transactions already paid and verified on your bank statement. "Open" transactions serve as reminders of pending invoices to pay or collect.
Final goal: By following this flow, you'll avoid errors in your tax filings and have a real view of how much "clean" money the property has generated each month.