Take the payment
Accept a deposit or prepayment ahead of a future stay.
Revenue recognition
A deposit today isn’t a stay today.
Track deposits and prepaid reservations, recognizing revenue when earned.
See it in a demo
01Take the payment
02Track the obligation
03Recognize the stay
A simple illustration of the workflow.
THE EVERYDAY FRICTION
Sound familiar?
Money collected months before arrival can blur the difference between cash received and revenue earned.
AN EVERYDAY EXAMPLE
Money received and hospitality delivered have different dates.
An illustrative look at the workflow.
A guest pays ahead for a future visit. That payment is real, but the stay has not happened yet. Looking only at the day the money arrived can make a busy booking month and a busy hosting month look like the same thing.
Revenue recognition addresses the timing between receiving payment and earning revenue through a stay. The workflow helps you consider deposits and delivered hospitality as distinct parts of the financial picture. In your demo, trace an advance booking into the period when the guest actually visits, then discuss how changes or cancellations are handled. The right setup depends on your accounting policies, so your financial adviser should be part of confirming how GuestAngel fits your reporting requirements.
WHAT CHANGES
You can discuss performance with a clearer distinction between cash arriving and stays taking place.
FROM FRICTION TO FLOW
Here’s how it works.
A clearer path from the everyday problem to a better guest experience.
Track the obligation
Keep prepaid amounts associated with the reservation.
Recognize the stay
Record the revenue at the appropriate time as it is earned.
The GuestAngel lineup includes features available now and coming soon. Confirm availability, integration requirements, and fit for your property in your demo.
YOUR NEXT CHAPTER
Less behind the desk.
Less behind the desk.
More out here.
Let’s talk about your property, your everyday challenges,
and what a better way to
work could look like.