This account is a current liability account. It is used to reflect the liability you have for the money received from reservations. Manual entries should not normally be posted to this account as it is automatically maintained by the system. All reservation money remains in the advanced reservations account until the reservation is reported to the owner, via the owner statements, and the finalize statements and print checks option is run from the Owners Report Menu. A debit, for the total moneys paid, is then posted to this account for each reservation printed on the owner’s statements. Credits, totaling the debit amount, are posted to distribute the money to be paid to the owner and various income accounts. This process reduces the Advanced Reservations balance and "earns" the reservation money.