Airbnb Income & Expense Tracker

Description

Airbnb Income & Expense Tracker Manual

This tracker is designed to help you easily manage your Airbnb rental finances. The Airbnb Income & Expense Tracker is a tool that helps you keep track of the money you make and spend from your Airbnb rental. It helps you stay organized, save time, and maximize your earnings. 

Why Use Airbnb Income & Expense Tracker? 🤔

• 💡Stay Organized: Keep all your income and expenses in one place.
• 💡Save Time: Simplify your record-keeping and tax preparation.
• 💡Increase Profits: Identify ways to cut costs and boost your income.

Freebies 🤩

• ✅ Budget by Paycheck Tracker
• ✅ 50-30-20 Budget Tracker
• ✅ Net Worth Tracker
• ✅ Multi-Unit Rental Tracker
• ✅ Bill Tracker

Benefits of Airbnb Income & Expense Tracker 📊

• 📚 Easy to Use: Simplifies managing Airbnb finances.
• 📁 Organized Records: Keeps all your income and expenses in one place.
• ⏱️ Saves Time: Streamlines financial tracking and reporting.
• ✅ Accurate Tracking: Minimizes errors with precise record-keeping.
• 📈 Financial Insights: Provides detailed reports on your Airbnb performance.
• 💼 Tax Preparation: Makes tax filing easier with organized information.
• 📱 Mobile Access: Manage your Airbnb finances on the go.

With this manual, you’ll have all the tools you need to manage your Airbnb rental finances and increase your profitability effectively.

Steps on how to use the Airbnb Income & Expense Tracker:

Step 1: Set up your expense categories.

1. Go to ‘Airbnb Income’ tab and enter up to 20 expense categories in the expenses table.
   You can delete any sample categories and add your own.

Step 2: Enter your details.

1. You can add your property name / address or any other info in this field
2. Enter your purchase price here if you want to see your Annual Cap Rate (it calculates automatically for you)
3. Please do not type anything else in this table (except Purchase Price). It automatically updates when you fill in your income & expenses.

Step 3: Revenue

1. Enter your total Airbnb income & other rental income in the end of each month.
   Monthly totals and totals for both categories update automatically.
2. Please do not enter your expenses in this tab.

Step 4: Expense Tracker.

1. Each time you have an expense, enter the date, amount & category.
2. All 3 columns are required. Expenses without date, amount, or category selected won’t show up in the Airbnb Income tab.
3. To pick a date simply double-click on the cell and the calendar will pop up.
4. Expense table in the ‘Airbnb Income’ tab automatically updates when you enter your expenses in the Expense Tracker.

Step 5: Charts 

1. This template includes 3 helpful charts to visualize your data.
2. Donut chart will be visible once you add at least 1 expense in the Expense Tracker.

Step 6: Cells that update automatically

1. Please don’t type over these cells as they contain formulas (all cells that are highlighted red).