Are you considering starting a vacation rental business on platforms such as Airbnb or Booking.com? 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.
