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Event advance & settlement

Record token, milestone, final settlement, and refund payments with UTR/refs, and watch balance due per booking.

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Events · Academy

What this section is

Advances & settlement records money against banquet bookings: type (advance/token, milestone, final settlement, refund), date, amount ₹, method, UTR/reference, notes (codes EPAY-…). Balance by booking = contract (or charges total) − paid. Aim to settle before function day; red due amounts are a sales/ops risk.

In the owner dashboard

Open Event advance & settlement under Listing / Property after you claim a stay. Same vocabulary as Help Academy.

~10 min

Typical time to read this guide and complete the screen once for a small property.

Events · Event billing

Collect and review banquet money: charge lines, advances & settlement, and operational profitability.

Help cues

When to use it

Cue 1

Client pays 30% token on contract.

Cue 2

Milestone before BEO issue.

Cue 3

Final settlement morning of event.

Do this

Step-by-step

  1. 1

    Read balance due

    Events → Advances & settlement. Find the booking’s due (red/green).

    India example: Contract ₹4.5L · paid ₹0 · due ₹4.5L.
  2. 2

    Record payment

    Type token/milestone/final/refund, amount, method, UTR, notes → save EPAY-…

    India example: Token ₹1.35L · UPI · UTR …
  3. 3

    Chase to zero

    Before function day, due should be ₹0 (or documented credit). Refunds use type refund — do not delete history.

    India example: Final ₹3.15L · settled · due ₹0.

Tips

Paste bank UTR every time — Finance recon needs it. · Token before confirming status on the booking is good discipline.

Common mistakes

Cash in the drawer with no EPAY row — banquet AR disappears.

Staff training

Detailed examples

Full India-hotel scenarios — same structure as Help Academy. Follow on the live screen with your team.

Example 1: 30% token + UTR — then chase final before day

Setting

Contract ₹4.5L · function in 10 days.

Who is involved

Meera · Client accounts

Token unlocks confirmed status; final settlement before function day.

# What staff do What they should see
1 Advances → token ₹1.35L · UPI · paste UTR EPAY-… · due falls.
2 Milestone or final before 18 Oct Due ₹0.
3 Read balance panel green Safe to run the function.
End result: Cash matched to booking with bank refs.

Pricing unlock

Which plans include Event advance & settlement

Starter —
Growth —
Pro ✓
Business ✓

Full unlock matrix →

Banquet

Related Banquet

Banquet event order (BEO) Event advance & settlement Event billing Event booking Event package management Event profitability reports Event resource management Event staff allocation Event venue management Function space calendar

Getting started map → Help Academy → Abbreviations → Features →

Ready to set this up?

Claim your listing, open Event advance & settlement in the owner dashboard, then continue Setup order.

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About us

findmystay.in

FindMyStay.in

Public stay directory and owner tools for hotels, resorts, villas, and homestays across India.

We help independent properties get found online — then claim their listing and run front desk, GST billing, enquiries, and day-to-day ops from one professional owner dashboard. Guests search by stay type and place; owners keep their brand, rates, and guest relationship without needing a chain IT team. From hill stations and temple towns to beach belts and metro business stays, FindMyStay.in covers destinations across North, East, West, and South India. Start with a public listing, follow the setup order, and grow into plan-based tools when you are ready — read our full story, see how owners use the platform, or write to us anytime.

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