Accounting that files what the front desk and the outlets already posted

Which Maldivian taxes does it handle?

• TGST at 17% on tourism supplies, calculated on the rate plus service charge.
• Service charge at 10%, tracked as a liability and distributed to staff monthly, with the employer's admin share separated.
• Green Tax per guest night with the resident exemption, reported for the MIRA Green Tax return.
• GST reports by period, ready to copy into the MIRA portal; a Green Tax report by property and month.

How does money from agents and OTAs get tracked?

Each agent and OTA is a customer with a city ledger account. Folios settled to them become receivables with an ageing report; when Booking.com pays its monthly statement, one receipt clears the invoices and the bank reconciliation matches it. Commission is recorded as an expense, not netted invisibly.

What does bank reconciliation look like?

Import the bank statement, let the matcher pair lines with receipts, payments and transfers, and post what is left as new receipts or spends. Match rules learn your recurring lines. Cash drops from the outlets arrive as transfers ready to match.

Can an accountant see across properties?

Each property is its own company with its own chart of accounts and books, isolated at the database level. A portfolio view shows all of them read-only for the owner; nothing is ever blended between entities.

Which reports come out of the box?

• Profit and loss, balance sheet, trial balance, general ledger, journal list
• Receivables and payables ageing, customer and vendor statements
• GST report, Green Tax report, service charge distribution
• Budget versus actual, fixed assets register, audit log