video1.0<iframe src="https://www.loom.com/embed/6612a02d823f4065b434f2baa9d019ce" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/6612a02d823f4065b434f2baa9d019ce-3228c14190380006.gif214.038In this video, I walk you through the process of deferring revenue for a stay, whether it's for the entire listing or just a portion of it. If we need to defer the entire reservation, we can simply overwrite the posting date to January 1st for reporting purposes. For deferring a specific amount, like a thousand dollars of base rent, we need to make adjustments for each line item and recognize it in the following month. Additionally, I explain how to manually adjust each line to reflect the deferred amounts. Please ensure to follow these steps carefully for accurate financial reporting.