Owner Statements

What Are Owner Statements?

Owner statements are monthly financial summaries sent to property owners. They show all income and expenses for the owner's properties during a given period, along with the net amount owed to the owner.

Generating a Statement

1. Navigate to the Statements page from the dashboard sidebar.
2. Select the owner and the billing period (month/year).
3. Review the automatically calculated income (rent collected) and expenses (maintenance, management fees, etc.).
4. Click Generate to create the statement.

Sending Statements

Once generated, you can:

• Email the statement directly to the owner from within LodgeX PMS.
• Download a PDF copy for your records or to send manually.

Statement Contents

Each owner statement includes:

• Property name and address
• Itemized income (rent payments received)
• Itemized expenses (work orders, management fees, etc.)
• Net amount due to the owner
• Running balance if applicable

Tips

• Generate statements on a consistent schedule (e.g., by the 5th of each month) so owners know when to expect them.
• Review statements before sending to ensure all expenses are properly categorized.