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What is the Management reporting for?
Management reporting is designed for transactions or booking lines with a specific trust accounting field “to management”. It helps track commissions earned on bookings, markups on expenses, and other revenues or expenses related to managing bookings. This reporting aids in reconciling trust accounts and ensuring accurate financial management.
How is the Management reporting calculated?
Management reporting aggregates data based on trust accounting “to management”. It provides insights into total commissions earned, markups on expenses, and other relevant financial details associated with managing bookings. You can filter and customize the view based on assets, homeowners, channels, and time ranges.