{"id":7038,"date":"2024-08-08T13:34:17","date_gmt":"2024-08-08T10:34:17","guid":{"rendered":"https:\/\/blog.gathern.co\/financial-transactions\/"},"modified":"2025-04-14T15:13:47","modified_gmt":"2025-04-14T12:13:47","slug":"financial-transactions","status":"publish","type":"post","link":"https:\/\/blog.gathern.co\/en\/financial-transactions\/","title":{"rendered":"Financial Transactions"},"content":{"rendered":"\t\t
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This guide shows you the details of financial transactions and how to receive your reservations through GatherIn<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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How to receive payments\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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You can choose how you want to be paid as a host, either through:<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"Bank\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Bank account (no transfer fees)\n<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"stc\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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stc pay account<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Please confirm your bank account information or stc pay added by you so that you can receive the transfers <\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Conversion time\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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You can choose the conversion period that suits you as a host<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"Transfer\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Transfer within 48 hours of departure<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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When the guest cancels the reservation four days before the reservation day, the deposit will be refunded.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"Weekly\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Weekly conversion <\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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You can specify a weekly transfer and specify a specific day of the week for each week’s bookings to arrive according to the day you specify<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"Transfer\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Transfer when a certain amount is reached<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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You can choose a specific amount of money to transfer for reservations<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Note: If there is a reservation of more than 7 days, the reservation amount will be transferred in installments <\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Steps to modify\/add a transfer period<\/b><\/p>


<\/b>More> Financial Transactions> Transfer Time <\/b><\/p>

Then choose your preferred method of receiving funds

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If the transfer period is changed, the change will be applied after the next transfer is executed<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Types of remittances<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"Converted\"\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Converted <\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The amount due for the reservation has already been transferred<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Transforming<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Appears for transfers arriving on the same day and means that the transfer is in progress by the execution date<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"Coming\"\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Coming<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Appears when the transfer order is created and will be executed according to the selected execution date<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"Rejected\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Rejected by the bank<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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It means there is an issue with your bank account or stc pay account<\/span>
<\/span> You will need to check your bank account or stc pay account added by you to be able to receive transfers.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Summary of accounts \n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A summary that shows unit sales separately for each month, so that you have a clear visualization of sales and net sales as well as bookings made during the month.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Sales details<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A summary that shows unit sales separately for each month, so that you have a clear visualization of sales and net sales as well as bookings made during the month.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Details of payments<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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It shows the sales made through bookings and compensation, if any.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Paid at the venue<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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It shows the values paid on arrival, if any.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Reservations<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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It shows all confirmed bookings created in the month.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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invoices<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A simplified tax invoice showing the tax-inclusive commission for each confirmed booking.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Statement of account<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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It is a statement of all transactions made during the month on your account, to show the remaining balance on GatherIn and to know that you have received all the required amounts <\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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It shows all of the following operations:<\/span><\/p>

  • Amount of reservations<\/span><\/li>
  • Remittances<\/span><\/li>
  • Commission<\/span><\/li>
  • Commission tax<\/span><\/li>
  • Coupons <\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n
    \n\n\t\t\n
      \n\t\t\t <\/ul>\n <\/div> \n","protected":false},"excerpt":{"rendered":"

      This guide shows you the details of financial transactions and how to receive your reservations through GatherIn https:\/\/youtu.be\/3YcaGzZzms4?feature=shared How to receive payments You can choose how you want to be paid as a host, either through: Bank account (no transfer fees) stc pay account Please confirm your bank account information or stc pay added by […]<\/p>\n","protected":false},"author":3,"featured_media":6842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[],"class_list":["post-7038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-to-use-gathern-business"],"yoast_head":"\nFinancial Transactions<\/title>\n<meta name=\"description\" content=\"This guide shows you the details of financial transactions and how to receive your reservations through GatherIn\" \/>\n<meta name=\"robots\" content=\"index, follow, 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