PM - Recurring Expenses
(page 2 )

Status: Planned 61 Votes
Arrive and Thriv
Jun 18, 2024 6:45 PM
Joined Aug, 2020 39 posts

It really would be a huge asset

Caleb M
Jun 18, 2024 11:14 PM
OR Team Member Joined Mar, 2022 174 posts

No changes since Shawn last replied, thanks for checking!

Coastal Chic Vac
Aug 5, 2024 12:15 PM
Joined May, 2023 5 posts

We are in desperate need of this feature. This is a manual monthly task that should absolutely be automated.

Susie T
Aug 5, 2024 12:25 PM
Joined Oct, 2017 7 posts

Agreed, would be very helpful.

PacViewLodging
Aug 5, 2024 3:02 PM
Joined Sep, 2019 95 posts

I will jump in with a Me too...

Haven Admin
Aug 5, 2024 4:51 PM
Joined Feb, 2022 1 post

This would be incredibly helpful! 

SunnySide Homes
Aug 5, 2024 5:02 PM
Joined Jan, 2023 12 posts

I am waiting for this feature for long time,but at the moment,wiith expenses import sheet works very well 

Peter
Aug 5, 2024 6:05 PM
Joined Mar, 2017 19 posts

I see it is "planned", is there an update or estimated eta for the roll out of this feature?

Justin L
Aug 5, 2024 6:14 PM
Joined Jan, 2024 21 posts

I bet it's coming out when the promised v2 PM area comes out and they said it would be by the end of 2024.

Coastal Chic Vac
Aug 5, 2024 6:29 PM
Joined May, 2023 5 posts

It seems it has been planned for a really long time. Getting frustrated with OR with empty promises.

Justin L
Aug 5, 2024 8:57 PM
Joined Jan, 2024 21 posts

A roadmap of updates would be really nice. However, I understand there's a fine line between being transparent with customers and limiting the knowledge competitors have about future plans.

Edward G
Dec 24, 2024 9:12 AM
Joined Dec, 2023 17 posts

When would this be released? Need to eliminate the manual VRBO import process asap. 

Justin L
Mar 21, 2025 9:33 PM
Joined Jan, 2024 21 posts

Q2 2025 release? An update would be great.

Edward G
Mar 24, 2025 5:36 PM
Joined Dec, 2023 17 posts
Is there any update to this? I need to bill owners for cleaning, laundry, VRBO fees, etc. All of these are fixed fees per stay. A monthly manual import with room for lots of errors is our only option right now, or paying for a different software to do Owner Statements. 
PacViewLodging
Mar 24, 2025 5:54 PM
Joined Sep, 2019 95 posts

Edward, not sure if this will be helpful or not, but the surcharges can be configured.   I suspect it requires that the PM module be turned on but you can choose to handle them appropriately.   Here is a cleaning fee where we get the entire amount... It never even appears on the owner statement.   Guest pays it and it comes to us.   We run the PM statement to get what our total payouts from the owner should be.

And then on the owners you can decide for each owner how to handle the channel fees.   This one is an example for an Owner setup to deduct that channel fees from the owner.  And of course you can choose to show it or not. 

I believe that this thread is more related to those things that happen over and over each month but are not really related to the booking themselves...at least that is what I thought it was.  Like fees we charge for tech or landscaping or window washing, etc... it happens month after month for a property but is not tied to a booking.   

Edward G
Mar 24, 2025 6:30 PM
Joined Dec, 2023 17 posts

What you just described is the current way that OR works and not what this thread is about. Agreed, this would also help for recurring expenses like landscaping, tech, etc. 

What you sent along does not work for many business models. I don't collect the cleaning fee and keep it. I charge a cleaning fee per reservation. It is not always the same as the cleaning fee charged to the guest. All income is revenue and I charge a flat fee on all revenue, including cleaning fees. I also have to charge other fees per booking that the guest does not pay - i.e. linen fee. Regarding the booking fees, it is a known OR limitation that it cannot properly pull in VRBO pay per booking fees. A recurring expenses feature would allow a 5% VRBO fee to be charged to every VRBO reservation. This is not currently possible including in the screenshot you sent.  

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Edward, not sure if this will be helpful or not, but the surcharges can be configured.   I suspect it requires that the PM module be turned on but you can choose to handle them appropriately.   Here is a cleaning fee where we get the entire amount... It never even appears on the owner statement.   Guest pays it and it comes to us.   We run the PM statement to get what our total payouts from the owner should be.

And then on the owners you can decide for each owner how to handle the channel fees.   This one is an example for an Owner setup to deduct that channel fees from the owner.  And of course you can choose to show it or not. 

I believe that this thread is more related to those things that happen over and over each month but are not really related to the booking themselves...at least that is what I thought it was.  Like fees we charge for tech or landscaping or window washing, etc... it happens month after month for a property but is not tied to a booking.   

 

PacViewLodging
Mar 24, 2025 7:58 PM
Joined Sep, 2019 95 posts

You are correct, it sounded like you weren't aware of these components.  Interesting business model for sure.  I would assume any taxation is not included in revenue to the owner?

Vrbo fees are a pain... we currently use the Import/Export feature on the Tools Menu. We export from our VRBO statement page the CSV file of the fees and then use the Import Vrbo Commissions option to import those fees into the bookings... but they would be a booking expense not an owner expense as it seems that you need.

Edward G
7 days ago
Joined Dec, 2023 17 posts

No, I don’t charge a fee on taxes. I don’t think a flat fee on revenue is that unusual of a model, as OwnerRez supports it. Many other PMs charge a similar flat fee. Yes, that’s how we do VRBO fees too. It works….but it todays day and age of software capabilities there is no reason it should be that manual. Being able to have a recurring 5% fee added to every VRBO booking would easily solve this. This feature has been requested for 6 years.