Auto-generate QuickBooks adjustment journal entries for modified reservations

Problem statement:

  • When a reservation is extended or modified after check-in, Hospitable correctly updates the Owner Statement but does not create a corresponding adjustment journal entry in QuickBooks
  • Airbnb and VRBO issue additional payouts that appear in the bank feed without matching journal entries
  • Users must manually calculate the adjustment and create journal entries before deposits can be matched
  • This creates a recurring reconciliation issue, especially for long-term stays and reservation extensions

Current workaround:

  • Manually calculate the financial delta for each modified reservation
  • Create manual journal entries in QuickBooks before matching incoming bank deposits

Impact:

  • Time-consuming manual bookkeeping for every reservation modification
  • Defeats the purpose of the QuickBooks integration automation
  • Increases risk of reconciliation errors

Proposed solution:

  • Automatically create an adjustment journal entry in QuickBooks whenever a reservation's financials change after the initial journal entry
  • The adjustment should reflect only the net change (increase or decrease)

Unlock:

  • QuickBooks integration would be fully automated
  • No more manual journal entries for reservation modifications
  • Bank deposits would automatically match journal entries

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Upvoters
Status

Backlog

Board

πŸ’‘ Feature requests

Tags

Accounting

Date

2 days ago

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