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
Status: Backlog
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