BENEFITS OF DOCUMENT
DESCRIPTION
Are you considering starting a vacation rental business on platforms such as Airbnb or ? This Excel template helps you monitor revenues, expenses, profits, and margins effectively.
Features
• Expense Log and Income Statement: Track balances by year and month, along with average nightly rates and occupancy rates.
• Six Comprehensive Sheets:
Settings
Property Database
Records
Expenses
Dashboard
Calendar
Sheet Details
Settings:
– Ensure proper categorization of expenses and specify the appropriate channel. This information is crucial for validation in subsequent sheets.
Property Database:
– Input essential details such as Property Name, City, State, Address, Type of Property, Maximum Guest Capacity, Number of Rooms, and other relevant information.
Records:
– Accurately input all rental records using the designated drop-down options.
Expenses:
– Select the appropriate year and input monthly values. Ensure all expense records are accurately entered in the designated tables.
Dashboard:
– Track properties and channels conveniently using drop-down menus.
– Utilize three filters: "Property," "Year," and "Month" for detailed tracking.
Calendar:
– Access specific daily data for each month using the dropdown menus to input the desired year and month.
This template is designed to simplify financial management for Airbnb hosts, providing a comprehensive solution to keep your rental business organized and profitable.
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Source: Best Practices in Airbnb Excel: Excel-Based Revenue Tracking Tool for Airbnb Hosts Excel (XLSX) Spreadsheet, Hafiz Ali
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