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Documentation Index

Fetch the complete documentation index at: https://docs.pxaccounting.com/llms.txt

Use this file to discover all available pages before exploring further.

A business model is PX’s representation of your management agreement with the property owner. It tells PX how to translate raw PMS data into:
  • The net rental income you book as revenue.
  • The commission you take, including special rules for canceled bookings.
  • The trust account postings (cleaning, linen, maintenance, insurance, owner taxes, and so on).
  • Which taxes the PMC remits versus the owner.
Without a business model, audits still run at the data-integrity level (revenue integrity, payment anomalies, charge splits). Ledger balance and owner statement reconciliation findings only fire when a business model is assigned.

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The three parts of a business model

Net rental income

Which fees count as income vs expense.

Commission

Confirmed and canceled rates, recognition, channel overrides.

Trust account

Recurring income and expense charges with PMC vs owner allocation.

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Status lifecycle

A business model moves through four statuses:
  • Draft - work in progress. Diagnostics are deferred. Cannot be assigned to a property until activated.
  • Active - fully assigned and used by audits. The first transition from draft to active triggers a diagnostics batch run for every assigned property.
  • Inactive - all property assignments removed. The model still exists; you can re-activate or duplicate it.
  • Archived - hidden from the default list but kept for history and audit log integrity.

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Versioning

Editing the rules of an active business model creates a new version automatically. Old versions stay frozen, so:
  • An audit run against a reservation always uses the version that was active on the reservation’s check-in date.
  • Past results stay reproducible even after you update the model.
  • You can browse the version history from the model detail screen.
A version bump triggers re-diagnostics for every assigned property so findings reflect the new rules going forward.

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What a model contains

FieldRequiredMeaning
NameYesDisplay name.
DescriptionNoFree-text notes.
Activation dateYes (to run audits)The date this model becomes effective. Earlier reservations use the prior model.
StatusYesDraft, Active, Inactive, or Archived.
Net rental incomeNoIncome items, expense items, excluded items.
CommissionNoConfirmed, canceled, and minimum commission rules.
Trust accountNoRecurring income and expense charges.
Assigned propertiesAutoNumber of properties using this model.

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Where to start

If this is your first model, walk through Create a business model. It uses a six-step wizard that explains each section as you go. If you already have one model and want to add another, you can either start fresh or duplicate an existing model from the list view and edit the copy.