Last updated on January 8th, 2018 at 04:41 am
On the Statistics page you will find the revenue for a certain period presented in different ways:
- The “Value of bookings” column represents the value of all the bookings occurring within that period. Note, however, that this amount was not necessarily received within the same period.
- The “Invoicing“ columns represent the sales registered during the period, from an accounting perspective.
- The “Payments“ columns represent the actual payments registered during the period.
For example, let’s say you receive a new booking in February. The booking total is $100. You immediately create an invoice in Sirvoy and send it to the guest. You receive the payment via bank transfer in March and register the payment in Sirvoy. The booking stay dates are in August.
When checking the statistics for February, the “Value of bookings” will be $0, since no rooms were occupied during that period. “Payments” will also be $0, since no payment was received in February. But the value for “Invoices” will be $100.
When checking the statistics for March, the “Value of bookings” will still be $0. However, “Payments” will show $100, since the payment was received during this month. The value for “Invoices” will be $0, since no invoices were created.
Finally when checking the statistics for August, the “Value of bookings” will be $100, since the stay occurred during this month. But the value for “Invoices” and “Payments” will now be $0.