How Can I Use Quickbooks As The Manager Of A Resort Who Takes Money In And Pays Owners Their Percentage?
November 29th, 2009 | 
Author: I am an on-site manager for a small resort. We rent cottages year around. I take the reservation deposits, collect the balance when guests arrive, earn a percentage (from which I pay certain expenses such as supplies, someone to clean, and for laundry), and pay individual cottage owners their percentage.
I am trying out Quickbooks and having trouble figuring out how to best use it for my situation. For example, if I consider the guests customers in order to keep track of money coming in, how do I refer to the owners I have to pay in order to keep track of money going out? Should I put them in as vendors or ? I have to send monthly statements along with a check to each owner, as well as keep a running total for each so that at any given time, or at the end of the year, I can give them an accounting of how their cottage is renting. I also want to keep track of all of my expenses (cleaning supplies, office supplies, laundering costs, etc. as well as my own income.
Posted in QuickBooks Training | 
Tags: accounting, Cleaning Supplies, Cottage Owners, Laundry, Manager, Money, Monthly Statements, Office Supplies, Owners, Pays, Percentage, QuickBooks, Renting, Reservation Deposits, Resort, Running, Small Resort, Takes, Their
ask my mom. she manages all that.