Track Rental Income & Expenses with Boho Color Palette - Lovely Airbnb Spreadsheet
Are you looking for an easy way to track your rental income and expenses? Look no further than Lovely Airbnb Spreadsheet: Track Your Rental Income & Expenses with Boho Color Palette!
This comprehensive bookkeeping system is designed to help companies keep track of their rental property finances, including income, expenses, and profits. With a beautiful Boho color palette and compatibility with USD, GBP, and EUR currencies, this spreadsheet is sure to make your rental business run smoother than ever. Read on to learn more about this amazing spreadsheet and how it can help you manage your rental finances.
Benefits of Track Your Rental Income & Expenses with Boho Color Palette Project in Google Sheets
Easy to Use
This spreadsheet is designed to be easy to use and understand. It provides an intuitive interface with a comprehensive bookkeeping system to track rental property finances.
Comprehensive Bookkeeping System
The spreadsheet provides an easy-to-use and comprehensive bookkeeping system to track rental property finances, including income by month and rental channel, expenses by month and category, and profit by month.
Compatible with Multiple Currencies
The spreadsheet is compatible with USD, GBP, and EUR currencies, and can be customized for other currencies upon request.
Customizable
The spreadsheet can be customized to fit the needs of the business.
Steps to Create Rental Income & Expenses with Boho Color Palette
Step 1: Create the Spreadsheet
Create a new Google Sheets spreadsheet and name it “Lovely Airbnb Spreadsheet: Track Your Rental Income & Expenses with Boho Color Palette”. Set up the spreadsheet with the following columns: Date, Income, Expenses, Profit, and Currency. Set up the rows with the months of the year.
Step 2: Set Up Currency
Set up the Currency column to accept USD, GBP, and EUR. This will allow users to enter their rental income and expenses in the currency of their choice. If users require a different currency, they can contact the spreadsheet creator to set up a custom currency.
Step 3: Add Income and Expense Categories
Add additional columns to the spreadsheet for income and expense categories. These categories should be tailored to the rental property business, such as rental income, cleaning fees, maintenance costs, etc.
Step 4: Add Color Palette
Add a Boho color palette to the spreadsheet. This will give the spreadsheet a unique and stylish look, while also making it easier to read and navigate.
Step 5: Add Formulas
Add formulas to the spreadsheet to calculate the total income, expenses, and profit for each month. This will allow users to quickly and easily see their financial performance for each month.
Step 6: Add Charts
Add charts to the spreadsheet to visualize the income, expenses, and profit for each month. This will allow users to quickly and easily see their financial performance over time.
Step 7: Finalize the Spreadsheet
Finalize the spreadsheet by adding any additional features or customizations requested by the user. This could include additional currencies, custom formulas, or other features.
Target Sectors
The Lovely Airbnb Spreadsheet: Track Your Rental Income & Expenses with Boho Color Palette excel project is a great tool for tracking rental income and expenses. It can be used by a variety of sectors to help them manage their finances. The following sectors can benefit from this project:
- Real Estate
- Hospitality
- Tourism
- Property Management
- Retail
- Finance
Which tabs should I include?
Rental Income
The Rental Income tab of the Lovely Airbnb Spreadsheet provides an easy way to track rental income and expenses. It allows users to track rental income by month and rental channel, as well as expenses by month and category, and profit by month. The spreadsheet is compatible with USD, GBP, and EUR currencies, and can be customized for other currencies upon request.
The Rental Income tab will track rental income by month and rental channel. The following metrics will be tracked:
Month: The month in which the rental income was received.
Rental Channel: The platform through which the rental income was received (e.g. Airbnb, VRBO, etc.).
Rental Income: The total amount of rental income received during the month.
Currency: The currency in which the rental income was received.
Exchange Rate: The exchange rate used to convert the rental income from the currency in which it was received to the currency of the spreadsheet.
| Month | Rental Channel | Rental Income | Currency | Exchange Rate |
|---|---|---|---|---|
| January | Airbnb | $1000 | USD | 1.00 |
| February | VRBO | €1200 | EUR | 1.20 |
| March | HomeAway | ¥3000 | JPY | 0.009 |
Rental Expenses
The Rental Expenses tab of the Lovely Airbnb Spreadsheet: Track Your Rental Income & Expenses with Boho Color Palette excel project is designed to help companies track their rental property expenses by month and category. This tab will provide an easy to use and comprehensive bookkeeping system to help businesses keep track of their rental property finances and gain insight into their monthly profits.
The Rental Expenses tab will track rental expenses by month and category. The following metrics will be tracked:
Month: The month for which the expenses are being tracked.
Category: The type of expense being tracked, such as utilities, repairs, or taxes.
Amount: The total amount of the expense.
Currency: The currency in which the expense was paid.
Notes: Any additional notes regarding the expense.
| Month | Category | Amount | Currency | Notes |
|---|---|---|---|---|
| January | Utilities | $200 | USD | Electricity bill |
| February | Repairs | $500 | USD | Repair of broken window |
| March | Taxes | $1000 | USD | Property tax |
Profit & Loss
The Profit & Loss tab of the Lovely Airbnb Spreadsheet: Track Your Rental Income & Expenses with Boho Color Palette excel project is designed to help companies easily track their rental property finances. This tab will allow users to keep track of their rental income and expenses by month and category, and generate a profit report for each month. The spreadsheet is compatible with USD, GBP, and EUR currencies, and can be customized for other currencies upon request.
The Profit & Loss tab will track rental property profits by month. The following metrics will be tracked:
Rental Income: The total amount of money received from rental income for the month.
Rental Expenses: The total amount of money spent on rental expenses for the month.
Net Profit: The total amount of money made from rental income minus rental expenses for the month.
Total Revenue: The total amount of money made from rental income and other sources for the month.
Total Expenses: The total amount of money spent on rental expenses and other expenses for the month.
| Month | Rental Income | Rental Expenses | Net Profit | Total Revenue | Total Expenses |
|---|---|---|---|---|---|
| January | $2,000 | $1,500 | $500 | $2,500 | $2,000 |
| February | $2,500 | $1,800 | $700 | $3,000 | $2,500 |
| March | $3,000 | $2,000 | $1,000 | $3,500 | $3,000 |
How to Subscribe to Lovely Airbnb Spreadsheet
Gain access to our Lovely Airbnb Spreadsheet: Track Your Rental Income & Expenses with Boho Color Palette templates that help companies manage their rental property finances. Subscribe now at Northstar Analytics!