Property
The Property is the foundational setup in the Guest House App.
Without defining a property, no further actions can be performed within the app.
Purpose
A Property represents an individual guest house, hotel, or accommodation unit that operates under the organization.
Multiple properties can be created and managed independently.
How to Add a New Property
- Go to Property List → New Property.
- Fill in the required details as listed below.
Details to Be Filled
Property Name
The full name of the property or guest house.Abbr (Abbreviation)
“Abbr.” stands for abbreviation — a short code for the property (e.g., MK for Madhav Kutir).Company
The ERPNext Company under which this property operates.
Used while creating Sales Invoices to identify the legal entity.Cost Center
Comes from ERPNext and is used in the Sales Invoice to record income and expenses correctly.Warehouse
Selected from ERPNext and used for tracking stock items (if any) linked with the property.
It is also referenced while creating Sales Invoices.Room Revenue Account
An ERPNext account used in Sales Invoices to record income from room bookings.
This defines the ledger where room revenue is posted.Location
The geographical location where the property is situated.
Examples: VRN, NOI, JLN, etc. (locations are maintained in ERPNext).Contact Number
The contact number for the property (front desk or manager).Address
The full address or detailed location of the property.
Notes
- A property must be created before setting up rooms, reservations, or stays.
- All financial and accounting entries related to reservations, stays, and billing depend on the property’s linked company, cost center, and accounts.