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CampGuideHow it worksQuickBooksYour best month was a month you were closed

Your best month was a month you were closed

March looks like your strongest month on record. You were closed for most of it. What you actually did was take deposits for July.

How it goes.

1

Money in and money earned

A deposit is cash you are holding against nights still to come. It posts to deferred revenue and waits there.

2

It moves as the stay happens

Each night the guest is actually on the site, that night's share moves out of deferred and into revenue.

3

Your months tell the truth

July reads as July, and March reads as the quiet month it was. That is the shape your accountant needs.

What changes.

Revenue that lands in the month you earned itA deferred balance you can point atA month your accountant can sign off as it stands

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