Accounting Part 4: Cashflow Manager

Introduction

Welcome to the GuestWisely Cashflow Manager Tutorial, part of our powerful Accounting solutions suite!

GuestWisely’s Accounting solution streamlines your workflows while expertly creating, managing, and maintaining accurate records that inform and empower your business decisions.

Within our Accounting solution, you’ll find the following:

Each of the above can play a key role in your overall accounting workflow. 

In this tutorial, we’ll focus specifically on the Cashflow Manager, which is designed to help property managers track payments, manage outstanding balances, and maintain clear financial records.

To begin, navigate to Solutions > Accounting > Cashflow Manager.

Let’s dive in!

Cashflow Manager is a key component of the Accounting feature. Learn more about the Accounting module here.

Cashflow Manager

The Cashflow Manager is your go-to tool for tracking and managing expenses and payments, ensuring you stay organized and in control of your finances. 

With this tool, you can:

Track Total Expenses

Monitor all costs in one place with a clear distinction between:

• Booking Expenses (directly tied to guest stays)

• Other Expenses (maintenance, management fees, operational costs, etc.)

This organized approach provides a clear view of where your money is going.

Filter Expenses

Easily filter expenses by:

1. Portfolio: All Properties/ Specific Property/ Property group

2. Timeframe

3. Item name

Manage Payments

1. Upload invoices for better tracking

2. Mark expenses as paid

Add notes to keep detailed records of each transaction.

Cashflow Summaries & Totals

At the bottom of the report, you’ll find a summary of:

1. Total Expenses: all incurred costs within the selected timeframe.

2. Total Paid: settled expenses within the selected timeframe.

3. Total Outstanding: unpaid balances requiring action within the selected
       timeframe.

4. Cumulative Outstanding: includes amounts not recorded as paid from past
       months up to the end date in the filter

Using the Cash Flow Manager, will help you maintain accurate records, streamline expense tracking, and stay on top of financial obligations.

Cashflow Manager is a key component of the Accounting feature. Learn more about the Accounting module here.