{"id":4455,"date":"2016-03-17T12:59:15","date_gmt":"2016-03-17T12:59:15","guid":{"rendered":"https:\/\/www.lodgix.com\/blog\/?p=4455"},"modified":"2016-03-17T12:59:15","modified_gmt":"2016-03-17T12:59:15","slug":"new-owner-statement-generation-options-and-interface","status":"publish","type":"post","link":"https:\/\/www.lodgix.com\/blog\/new-owner-statement-generation-options-and-interface\/","title":{"rendered":"New Owner Statement Generation Options and Interface"},"content":{"rendered":"
\n

Generating owner statements is getting easier! \u00a0 The following improvements are now live:<\/p>\n

    \n
  1. Ability to email owner statements to individual owners. \u00a0 Previously it was only possible to email the owner statement to all owners.<\/li>\n
  2. Ability to customize the default subject and message body of the email sent to the owner.<\/li>\n
  3. Ability to turn on \/ off columns within the statement\u00a0that are not pertinent to your business.<\/li>\n
  4. Ability to set the width of the data columns within the statement to improve readabiity.<\/li>\n
  5. Ability to increase \/ decrease the overall font size of the statement to improve readability.<\/li>\n
  6. All owner emails will now show as coming from your company, as long as your spf records are setup correctly.<\/li>\n<\/ol>\n
    \n

    Accessing Owner Statements<\/h3>\n
    \"Accessing<\/a><\/div>\n
    \n

    There is a menu item for Owner Statements under the parent menu “Reports”<\/p>\n<\/div>\n<\/div>\n

    \n

    Owner Statement Generation<\/h3>\n
    \"Owner<\/a><\/div>\n
    \n
      \n
    1. Click to choose a preset date range or enter a custom date range.<\/li>\n
    2. Choose a Property Owner (note owner accounts must have been set up and properties assigned to the owner for any options to appear here). \u00a0Also, multiple owners can be selected. \u00a0 All owners is also an option.<\/li>\n
    3. Choose the format of the statement (Excel or PDF).<\/li>\n
    4. Choose the orientation of the statement (portrait or landscape).<\/li>\n
    5. “Save to owner account” will save the generated statement to the owner account.<\/li>\n
    6. Choose “Individual Statements” to generate individual owner statements. \u00a0The option for “Summary Statement” will only be made available if all owners are selected. \u00a0 A summary statement will reflect all rental activity, work orders and rental expenses for all owners on one statement. \u00a0Summary statements cannot be emailed.<\/li>\n
    7. Choose to “Download” or “Send” the statement(s). \u00a0 If multiple statements are being generated, a zip file will be created containing the individual statements. \u00a0 If just one statement is generated, it will download as a PDF.<\/li>\n<\/ol>\n<\/div>\n<\/div>\n
      \n

      Settings<\/h3>\n
      \"Settings\"<\/a><\/div>\n
      \n

      There are two types of settings for owner emails and owner statements.<\/p>\n

      Owner <\/strong>Communcation<\/strong><\/p>\n

      Allows the default subject and message to be set. \u00a0This is for when an owner statement is generated and sent to the owner by Lodgix.<\/p>\n

      Owner Statements<\/strong><\/p>\n

      1) Set the font size of the statement, which can result in more information being displayed on one page.<\/p>\n

      2) Disable columns. \u00a0 Some PMs might not require some data to be displayed to the owner, those columns can be disabled.<\/p>\n

      3) Set Column Width. \u00a0Reducing or increasing column widget might help with readability or with fitting more information on one page.<\/p>\n<\/div>\n<\/div>\n

      \n

      Overview of an Owner Statement<\/h3>\n
      \"Overview<\/a><\/div>\n
      \n

      The Owner Statement is calculated using completed reservations only and can be computed using either preset or custom time periods. \u00a0Thus a reservation that begins their stay in June and ends their stay in July will only show up on the July owner statement.<\/p>\n

      The Owner Statement can be calculated off of Gross Rental Revenue or Net Rental Revenue. \u00a0 Gross Rental Revenue contains rents only, it does NOT include any fees or services which have been added to the guest invoice. \u00a0This will allow a clean number to be generated. \u00a0 \u00a0The setting for gross or net rental revenue is set within the settings for each property owner as defined within the Property Management Module.<\/p>\n

      The Owner Statement is broken out by properties and sort by the arrival date for each property. \u00a0 Any taxes that are setup within Lodgix for each property will be broken out on the statement. \u00a0 Owner Blocks are also displayed on the statement.<\/p>\n

      Any fees that are setup within the property management module by the property manager to be assessed to the owner will be broken out and subtracted from gross rental revenue to arrive at a net rental revenue number.<\/p>\n

      Management commission percentages are displayed and the total commission generated is derived from either a % of gross rents or a % of net rents depending on what the property manager has setup for the property.<\/p>\n

      Net to owner is the amount remaining after rental commissions are subtracted from either gross or net rents.<\/p>\n<\/div>\n<\/div>\n

      \n

      Work Orders \/ Rental Expenses<\/h3>\n
      \"Work<\/a><\/div>\n
      \n

      When work orders or rental expenses are assigned to an owner with Lodgix, they will flow through to the owner statement and be broken out in their own respective sections of the owner statement.<\/p>\n<\/div>\n<\/div>\n

      \n

      Statement Summary<\/h3>\n
      \"Statement<\/a><\/div>\n
      \n

      The Statement Summary provides a brief overall summary to the property owner .<\/p>\n<\/div>\n<\/div>\n

      \n

      Property Owner Documents<\/h3>\n
      \"Property<\/a><\/div>\n
      \n

      Owner statements generated from the application will show up in the owner account if the “save to owner account” option was selected at the time the statement was generated. \u00a0Property managers may wish to store receipts \/ invoices in the owner account. \u00a0Pretty much any type off file can be uploaded into the owner account allowing the owner to login and view those files at their leisure.<\/p>\n

        \n
      1. Choose a folder where the document should be stored (or create your own)<\/li>\n
      2. Choose a file to upload via the file upload icon.<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

        Generating owner statements is getting easier! \u00a0 The following improvements are now live: Ability to email owner statements to individual owners. \u00a0 Previously it was only possible to email the owner statement to all owners. Ability to customize the default subject and message body of the email sent to the owner. Ability to turn on […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[319],"class_list":["post-4455","post","type-post","status-publish","format-standard","hentry","category-vacation-rental-software-new-features","tag-vacation-rental-owner-statements"],"_links":{"self":[{"href":"https:\/\/www.lodgix.com\/blog\/wp-json\/wp\/v2\/posts\/4455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lodgix.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lodgix.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lodgix.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lodgix.com\/blog\/wp-json\/wp\/v2\/comments?post=4455"}],"version-history":[{"count":1,"href":"https:\/\/www.lodgix.com\/blog\/wp-json\/wp\/v2\/posts\/4455\/revisions"}],"predecessor-version":[{"id":4456,"href":"https:\/\/www.lodgix.com\/blog\/wp-json\/wp\/v2\/posts\/4455\/revisions\/4456"}],"wp:attachment":[{"href":"https:\/\/www.lodgix.com\/blog\/wp-json\/wp\/v2\/media?parent=4455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lodgix.com\/blog\/wp-json\/wp\/v2\/categories?post=4455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lodgix.com\/blog\/wp-json\/wp\/v2\/tags?post=4455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}