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      Hospitality Management Fees Report (Schedule-10)

      Table of Contents

      Accessing the Report

      1. Log in to your Docyt account.
      2. From the top navigation menu, select 'Business Reports' from the drop-down menu. In the subsequent menu, choose 'Departmental Reports'.
      3. On the 'Departmental Reports' page, locate and click the 'Management Fees' option to access the report.
      4. Customize the report parameters.

        1. Incorporate Budget columns into your reports. Click here to learn more.
      5. Generate the report and review the detailed results to gain valuable insights. 

      Limited Access: This report is exclusively available for select Docyt Plans. If you don't have access, please contact support@docyt.com for help.

      Report Customization

      1. Click 'Customize' to add new columns to the report: Percentage Column, Last Year, Per Available Room (PAR), Per Occupied Room (POR), and Budgets Comparison. 

      2. You can also customize the report columns for multiple months.

      3. The table below provides the formula for calculating PAR $ (Per Available Room) and POR $ (Per Occupied Room) for both the Period to Date and Year to Date, respectively. This information can be found in row 3 of the below table.

      PTD (Period To Date)  YTD (Year To Date)
      PTD $ PAR $ POR $ YTD $ PAR $ POR $

      PTD

      Amount

      (PTD Amount) ÷ (Rooms Available to Sell)

      (PTD Amount) ÷ (Rooms Sold)

      YTD

      Amount

      (YTD Amount) ÷ (Rooms Available to Sell)

      (YTD Amount) ÷ (Rooms Sold)

      4. You can also customize the columns in the report at the first level of data drill-down using the dropdown menu.

      To export your report to Excel or PDF format


      1. Generate and review the desired report in Docyt.
      2. On the top right corner of the report page, locate the three-dot menu icon (...).
      3. Click on the three dots to open the menu options.
      4. Select 'Export as Excel' or 'Export as PDF' from the menu.
      5. A notification bar, as depicted below, will appear on the screen.
      6. To download the report, navigate to the 'Data Export' section by clicking the 'Data Export' link in the notification. Click the ellipsis menu on the 'Data Export' page and select the 'Download' option.
                                               

      Key Components and Sections of the Report

      Management Fees—Schedule 10 provides a standardized format for reporting management fees and identifies the approved expense accounts listed as line items in the Uniform System.

      • Base Fees: 

        Management fees are calculated as a set amount or percentage of revenues or profits assigned to this item.

      • Incentive Fees: 

        Management fees dependent on meeting specific predetermined performance targets are applied to this category.

      Sample Report


      What To Do If Your Report Data Is Not Accurate

      For inaccurate data:

      • Consult with your Docyt Account Manager for guidance and resolution.
      • For general support questions, please email Docyt support at support@docyt.com for help troubleshooting and resolving discrepancies.

      Benefits

      • Financial Analysis: Gain insights into management fee expenses, allowing you to evaluate financial management and performance effectively.

      • Contract Optimization: Identify opportunities for cost savings and optimize contract agreements to enhance financial efficiency.

       

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