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No show report and costs to deduct in my bookkeeping

Hi,

 

As we took over a few listings from another partner, we had a few no-shows unfortunately the last weeks.

 

I want to report these in my stats but also to my accountant, so that we can deduct these costs from our overall income.

 

How can I do this as the reservations with details does not show anymore :-(.

 

Thanks!


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Aaltje B. 4 years ago

Hi Chrisje (nice name!)

If you type in your question in the search bar, you will see all the comments being made about this topic.

BDC has a special page with advice too about this topic too.

There is a way how to report it and make things easier for the accountant and you.

Enjoy the reading :)

Happy Easter,

Greetings

Aaltje B.

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Aaltje B. 4 years ago

Aah, sorry Chrisje, it means: BookingDotCom. There is a technical reason why people don't use the full name, but it has something to do with computers, :)

I am still learning, and I am not the most technical highlight of South Otago, learning by sheer persistence. Keep on keeping on :)

We'll get there!

Greetings

Aaltje B.

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aliven jess 1 year ago

 Depending on your specific requirements, there are a number of steps that should be taken to complete a long solution of bookkeeping including deducting report costs. Generally, this includes: 

1. Establishing a filing system and setting up a bookkeeping system to track income and expenses. 
2. Recording all transactions. This includes tracking all income and expenses, as well as any transactions that could potentially affect the finances of your business.
3. Reconciling bank accounts regularly and reconciling all accounting records.
4. Producing financial reports such as profit and loss statements and balance sheets.
5. Determining the cost of goods and services sold.
6. Calculating the cost of deductions for report costs. This includes determining the deductions that apply to each report, the amount to be deducted and the applicable taxes.
7. Completing all required paperwork for filing taxes and preparing tax returns.
8. Monitoring cash flow in order to identify any problems or opportunities for improvement.
9. Carrying out regular reviews of your bookkeeping system to ensure accuracy and compliance with all relevant laws and regulations.