Multi-property hospitality accounting is full of quiet failure points: an ACH payment
bounces, and nobody notices for days; a check gets altered before it clears; a bill
needs to be split into installments, and most systems just can’t handle it.
Most accounting tools weren’t built to catch these. Docyt was.
Here’s what we shipped in June to close those gaps – and a look at how hospitality
owners and operators are using Docyt to stay ahead of them.
Let’s get into it.
Enhancements for Bill Pay Notifications
NOTIFICATIONS
Know the Moment a Payment Fails – Not When Your Vendor Calls
If a bank rejects an ACH payment, Docyt catches it immediately and sends you an email
and push notification with the vendor, amount, and reason for the rejection – so
you’re never blindsided by a vendor calling to ask why they haven’t been paid. The
same automatic alerts cover failed check payments too.
EXPENSE
Check Fraud Prevention: Positive Pay File Download
Check Fraud Protection Built In
Docyt now generates Positive Pay files directly from check registers, so banks can
verify every check before it clears – protecting properties from altered or
counterfeit checks without any extra manual work.
EXPENSE
Cash Flow Flexibility, Without the Spreadsheet Gymnastics
Need to split a bill into installments instead of paying it in full?
Docyt tracks the paid and unpaid portions automatically, updates your invoice queue,
and syncs every installment to QuickBooks – no manual reconciliation required.
EXPENSE
In-Cell Calculator for Invoices: Split Amount Fields
Splitting an invoice across categories usually means doing the math somewhere else first. With Docyt, you can type the math right into the amount field – 120+45.50 resolves to 165.50 instantly – and percentage splits recalculate automatically. One less tool, one less place for
errors to creep in.
Real-Time Visibility for
Board Reporting & Investors
Quarter-over-quarter P&L views, Owner’s Operating Statements with Net Cash Flow,
and multi-property reporting built specifically for how hospitality groups operate –
not retrofitted from generic accounting software.
REPORTING
Quarters View in Live Financials – For Profit & Loss Report
The Live Financials P&L report now includes a Quarters view at the business level,
giving you a clean quarter-by-quarter breakdown without needing to pull manual date
ranges. This report is helpful for board reporting, investor updates, and
Quarter-over-quarter (QoQ) trend analysis.
REPORTING
Owner’s Operating Statement: New Quarters, Years & Total Only Views
The Management Owner’s Operating Statement now supports three new filter views:
Quarters, Years, and Total Only. Use Quarters + Compare with Quarters to see side-by-side quarter comparisons. Use Years + Compare with Years to benchmark annual performance.
REPORTING
Owner’s Operating Statement with Net Cash Flow
A new Owner’s Statement (with Net Cash Flow) report in non-US GAAP format has been
included in the management package download. Monthly FF&E Reserve and Monthly Loan
Payments are included as balance sheet line items, as required by lender reporting
standards.
Integrations
Docyt now supports eZee Absolute PMS.
This is the kind of automation that’s hard to bolt onto legacy bookkeeping workflows
– and it’s exactly why hospitality businesses are moving to Docyt.
Want to See How This Would Work Across Your Hotel Properties?
Book a demo today and discover how Docyt can automate multi-entity accounting,
deliver real-time financial visibility, and drive portfolio-wide profitability.
