Objective:
This guide provides detailed instructions on how to clear a bank feed against an Airbnb payout in Property Stack. By following these steps, you will accurately match and clear transactions to maintain accurate financial records.
In this Article, You Will Learn How to:
Locate the amount to clear in Property Stack.
Access Airbnb transaction history.
Find and understand the payout breakdown in Airbnb.
Match transactions in Property Stack with Airbnb payouts.
Clear the transactions accurately in Property Stack.
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Step 1: Locate the Amount to Clear in Property Stack
Log in to your Property Stack account.
From the left-hand menu, select "Trust" to expand the submenu.
Click on "Bank Feed" to access the list of transactions.
Locate the amount you need to clear. This is displayed in the "Amount" column.
Step 2: Access Airbnb Transaction History
Open a new tab in your browser and go to Airbnb Transaction History.
Ensure you are logged into your Airbnb account to access your transaction history.
Step 3: Locate the Payment in Airbnb
In the Airbnb transaction history, find the payment that corresponds to the amount you are trying to clear in Property Stack. In this example, the payment would be $648.53
Review the detailed breakdown of the payout, including reservations, fees, and adjustments.
Step 4: Match Transactions in Property Stack
Go back to Property Stack and select the transaction you need to clear.
Compare the Airbnb payout breakdown with the transactions listed in Property Stack.
Ensure that the amounts match between the two platforms.
Select the payments and receipts that correspond to the Airbnb payout.
Ensure the "Currently Selected Amount" matches the "Transaction Needed To Clear".
For any adjustments, manually adjust the amount in the reservation to match the Airbnb transaction.
Click "Clear" to finalize and clear the transaction.
Note: You must have already disbursed all the reservations before attempting to clear the bank feed. For any adjustments, navigate to the specific reservation in Property Stack and manually adjust the amount to clear it off against the bank feed.
Conclusion
In this article, you learned how to clear a bank feed against an Airbnb payout in Property Stack. By following these steps, you can accurately match and clear transactions, ensuring your financial records are up to date and accurate.