> For the complete documentation index, see [llms.txt](https://docs.hostelmate.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.hostelmate.co/finance-management/finance-hub/profit-settlement.md).

# Profit Settlement

Review monthly and daily financial snapshots to settle profits and validate totals across bookings, payments, extras, and expenses.

Use this page to review monthly and daily financial snapshots before closing a period or settling profits.

## Monthly Report

* Choose a year and month to load the period summary.
* Review totals for bookings, payments, extra services, and expenses.
* Use the detailed tables to spot outliers and reconcile activity.

## Daily Snapshot

* Pick a specific date to see one-day totals.
* Compare daily payments against bookings for quick validation.

## Tips

* Reconcile Payment History before approving a settlement.
* Cross-check extra services and expenses when totals look off.
* Refresh the report after making edits elsewhere to confirm the latest numbers.