End of Month Preparations - Owner Accounting
Pre-End of Month checklist for Owner Accounting properties using RMS.
End of Month preparations should be completed 1-2 weeks prior to the end of the current month to give properties sufficient time to action any outstanding items.
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Print & Check All Owner Statements
- Compare Owner Statements against reservations on the Booking Chart for the current month.
- Verify charges and commissions for reservations to date are as required.
- Apply Bulk Owner Charges
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Monies Held in Trust Report
- Sort by Departure Date.
- Verify no outstanding Reservations from previous months with charges on the Reservation Account.
- Review any Cancelled or No Show Reservations.