Revenue Pooling is mainly used in Europe and Asia where the owners of condominium rental units split the revenue and fees based on the points/rating defined on their contracts. The rating may or may not be linked to the different room types, therefore a separate point/rating is defined, per contract, regardless of the room type. Templates can be used to standardize deductions, fees, and other items which impact the contribution to the revenue pool.
Revenue Pooling is comprised of reserve accounts and owner accounts. Reserve accounts are interest bearing accounts that receive contributions from owners for fees, payments, and other capital expenditures, and must be set up for all properties that participate in Revenue Pooling. The revenue pool is set up for each calendar month and fiscal period, and a total of only two revenue pools are allowed to be open at a time.