Streamline Reporting & Compliance with Docyt
Simplify reporting, payment processing, and documentation for better financial compliance.
USALI Reports
- Docyt's custom reporting feature provides accurate, real-time USALI reports for hotel owners, operators, and department heads.
- Set up advanced reports in the Business Reports module with assistance from your Account Manager. (Available for select Docyt offerings)
- Reports automatically refresh daily and offer drill-down capabilities for detailed analysis.
Paying Property Tax and Insurance Bills
- Docyt facilitates spreading payments over time for accurate accrual accounting.
- Send property tax and insurance bills directly to Accounts Payable.
- Set the accrual schedule and pay bills via Docyt check, attaching the original invoice.
Sales/Occupancy Tax Payment and Accounting
- Hotels can collect sales and occupancy tax and use Docyt for payment and accounting.
- Upload tax documents to Accounts Payable, and categorize them appropriately.
- Pay via Docyt check, attaching the sales/occupancy tax invoice document.
Accounting for Vendors that Issue Many Invoices and Provide Statements
- For vendors with multiple invoices and statements, follow these steps:
- Upload invoices to Accounts Payable.
- Mark invoices as paid using the "Advanced Settlement" feature.
- Request monthly statements and send them to Business Mailroom for reconciliation.
Business Mailroom
- Use Business Mailroom for various documents such as bank statements, merchant account statements, payroll reports, and more.
- Add documents via mobile app, drag-and-drop, or email attachments to your unique Business Mailroom email address.
- Also, handle non-expense check withdrawals by emailing the details to Business Mailroom.