Owner payouts, easy to follow.
Make owner payouts easier to follow. Qalypso helps managers show what came in, what was deducted, and what is ready to be paid out.
- Rent received, fee and net payout in one statement
- Downloadable bilingual PDF
- Every figure in QAR and home currency
The moment that earns trust
This is the statement owners look for every month, clear, dated and impossible to misread. It is often the reason an owner keeps trusting the same manager.
Bilingual and binding
The statement reads naturally in English and Arabic, with the Arabic version carrying legal weight where required.
Owner settlements are one part of Qalypso, property management software for Qatar.
What a settlement statement should show
Every owner asks the same question each month: what came in, what went out, and what is left. Here's what a settlement statement in Qatar should show, and why the numbers only mean something once the cheques behind them have actually cleared.
The four numbers that matter
A settlement statement is the recurring moment that earns an owner's trust, or loses it. Done properly, it shows the rent received, the management fee, any deductions such as maintenance or vendor costs, and the net payout, laid out as separate lines rather than folded into one total. No owner should have to ask what happened to the gap between rent and payout. The statement should already answer that, in the same format, every month.
Built for Qatar, not translated into it
Every figure carries its QAR value alongside a home-currency equivalent, so an owner abroad isn't doing the conversion in their head. Qatar currently levies no VAT, so the statement states 0% plainly instead of importing a foreign VAT line that does not apply here. Statements are produced in English and Arabic, with the Arabic version binding where required, and the lease itself sits on Qatar's Law No. 4 of 2008 on Property Leasing. None of that is decoration; it is what makes the numbers usable for an owner managing a property from another country.
Cleared, not just invoiced
Because rent in Qatar runs on post-dated cheques, an invoiced amount and a received amount aren't always the same thing on any given day. A settlement should reflect what has actually cleared, not what was simply due, so a cheque still sitting in a drawer doesn't get counted as paid. Qalypso records and tracks that process from invoice to cleared cheque; it never holds, collects or moves the money itself.
Join the waitlist, or look around first.
Qalypso opens to a first group of owners and managers soon. Leave your email and we will invite you, in English or Arabic. Prefer to explore now? The live demo runs on sample data, no sign-up.
- Be first in line when Qalypso opens in Qatar
- A live walkthrough for larger portfolios, in English or Arabic
- Your details stay private, nothing is shared