Learn the most common business models in the Airbnb industry and find which accounting method & template is right for you. 

Discover our free QuickBooks setup utility by Tallybreeze, which can import all of the Chart of Accounts discussed in this article.

Related Guide: Airbnb Accounting & Bookkeeping: A Comprehensive Guide

Properties are purchased and offered on Airbnb for the purpose of building equity.

Properties are rented on a master lease and subleased to guests on Airbnb for a profit.

The operator manages properties on behalf of an owner without managing any owner funds.

A property management arrangement, managing owner funds through the operator's bank accounts.

A formal property management arrangement, managing funds through a trust account.

A set of templates dedicated to Airbnb costs and chart of accounts to consider.

All of the Chart of Accounts discussed in this article can be imported automatically using the Tallybreeze setup utility for Xero. Here's how to access this utility...

1. If you haven't already, Get Access to Tallybreeze. It includes free use of this setup utility. No subscription or payment method is required.
2. Once registered, make sure to set up your connections so that Tallybreeze can properly import the Chart of Accounts. You will need to connect at least one Xero account and at least one Airbnb Account.
3. Under the Connections tab, select any connection to edit. From there, you'll find a button labeled: SET UP XERO

Once selected, a window will pop up with a list of templates you can choose from.

With Tallybreeze (formerly Bnbtally) you can connect multiple Airbnb Accounts to Xero for Automated Importing, Detailed Bookkeeping and Seamless Reconciliation.

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