Detailed Owner statement Summary and Clearer Wording

Currently, in Hospitable the owner statement shows the following categories. Beside each item is our suggested wording for the owner statement view.

Summary

• Initial balance — No option currently available. This should display the previous balance owed to or from the owner.

• Commissionable Base — Suggested wording: Rental Income (this represents all income earned for the owner during the month based on the % configuration).

Less Owner Charges / Transactions

• Insurance — No option currently available.

• Repairs and Maintenance — No option currently available.

• Laundry — No option currently available.

• Management Fee — Suggested wording: PMC Commission.

• Supplies and Purchases — No option currently available.

• Ending balance — No option currently available.

• Total due to owner — Keep as is.

Hospitable Summary: Lacking of information

Suggested: It will give owners an overview of what’s really happening, where the money deducted, and it’s detailed.

Thank you,