SmartHOTEL Invoices

SmartHOTEL will also provide an invoice at the beginning of each month for the previous months payouts.  This invoice shows the fees deducted from the settlement plus VAT.  The invoice is for accounting purposes only as the amounts have already been deducted from the settlement received from Adyen.

Depending on your accounting procedures, the hotel should book the transaction costs as "costs" and the VAT is booked separately on the VAT account.