Property management needs a proper accounting entry. There are specific rules and laws that an owner should follow when they utilize their property on a short term lease base.
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The first rule for the short term lease properties concerns the registry on Independent Authority for Public Revenue. With this registry is issued the Unique Property Number for the listing of the property on the short term lease platforms. In case this number is not issued the listing on the short term lease platforms cannot continue, as the originality of the Unique Property Number is checked in every listing.
Alongside, the property management needs the punctual registration of the personal details of each guest on the information system (TaxisNet) of the Economic Authorities. The registry of the reservation’s details is necessary and in case they do not register a fine for the host is issued.
At the same time, on property management an accountant who is responsible for the organization of the accounting is important. For this reason, NOMAS offers you the possibility to handle your accounting along with its accountants. Moreover, NOMAS can bring you in touch with its accountants in case you have any requests or questions.
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