{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/34896b00f8a24f5d99dc0f3219b60ab8\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/34896b00f8a24f5d99dc0f3219b60ab8-b91abc38ed5ccfc0.gif","duration":150.6,"title":"Setting Default Revenue Recognition for Reservations","description":"In this video, I walk you through how to set the default revenue recognition for reservations. We have options like check-in, check-out, booked-at, and pro-rata, which determine when we recognize revenue in our general ledger. It's crucial to select the right method, especially if we want to override defaults for specific revenue lines, like cleaning fees. Remember, once we publish our first financial statements, we can no longer change these settings, so please review your choices carefully. Let me know if you have any questions or need assistance with this process."}