DAC7 Report in Tourism: MyRent Automates DAC7 XML File Generation
The digitalization of tourism brings more new rules, obligations and administrative requirements. One of the important standards increasingly mentioned in the work of tourist agencies, platforms and professional accommodation managers is the DAC7 report.
For many tourism businesses, DAC7 creates an additional obligation to collect, process and submit data. That is why it is important to use a system that does not only manage reservations, but also supports the regulatory requirements of the market.
MyRent has developed the logic and algorithm for generating DAC7 XML files, helping users prepare data more easily in the required digital format.
What is the DAC7 standard?
DAC7 is a European regulation focused on increasing tax transparency in digital business. In practice, DAC7 introduces the obligation to collect and report specific data about users, sellers or service providers who generate income through digital platforms.
In tourism and accommodation, DAC7 is especially relevant because it also applies to activities related to property rental and tourist accommodation. Tourist agencies, platforms and certain businesses that mediate or enable accommodation bookings may therefore need to prepare and submit data to the relevant authorities.
The goal of DAC7 is greater transparency, better exchange of data between tax authorities and more accurate tracking of income generated through digital platforms.
Why is DAC7 important for tourist agencies?
Tourist agencies and professional accommodation managers already work with large amounts of data: reservations, properties, owners, guests, prices, commissions, payouts, invoices and sales channels.
When DAC7 reporting is added to this, administration can become an additional burden if data is handled manually or across several separate systems.
That is why a centralized system is important. MyRent already contains key business data and can help prepare it in a structured format, reducing manual work, unnecessary copying and the time needed to prepare professional reports.
MyRent has developed an algorithm for generating DAC7 XML files
To make DAC7 reporting easier for users, MyRent has developed dedicated logic and an algorithm for generating DAC7 XML files.
This means that data from the MyRent system can be processed and prepared in the digital format required for DAC7 reporting. Instead of manually collecting data from different spreadsheets, documents and systems, MyRent provides a more structured and efficient approach.
MyRent DAC7 functionality is especially useful for:
- tourist agencies
- professional managers of multiple properties
- companies working with many owners and accommodation units
- platforms and systems that manage reservations
- larger accommodation providers and tourism organizations
Users receive another important functionality inside the existing MyRent system, without the need for additional tools or separate processes.
DAC7 reporting is already used by MyRent users
DAC7 reporting in MyRent is not only a planned functionality, but a solution already used in practice.
For example, users such as Adria Villas already use DAC7 reporting through the MyRent system for their business needs.
This shows that MyRent does not develop features only in theory, but adapts them to real needs of tourist agencies and professional users in the market.
This approach helps MyRent remain a reliable partner for daily operations as well as for new administrative and regulatory requirements that are becoming increasingly important in tourism.
DAC7 will be used more and more in tourism business
Regulatory requirements in digital business are becoming more detailed. Tourism, accommodation and online reservations are naturally part of this process because a large part of sales and communication happens through digital channels.
That is why DAC7 reporting is expected to become increasingly important, and more tourist agencies and professional accommodation managers will need a quality solution for data preparation.
For users, the most important thing is to prepare on time and use a system that can help them organize, automate and process the necessary information.
This is where MyRent brings strong value: it connects Channel Manager, PMS, business automation, reservation records, property data and additional reports in one system.
The DAC7 report is included in the standard MyRent license
One of the important advantages for MyRent users is that the DAC7 report is not charged additionally.
The functionality for generating DAC7 XML files is included in the standard MyRent license. Users receive additional value at no extra cost, as part of the broader MyRent solution for professional accommodation management.
MyRent continuously develops new functionalities to make business easier for users, reduce administration and help them stay ready for market changes.
MyRent as a complete solution for professional accommodation management
The DAC7 report is only one example of how MyRent helps tourist agencies and professional accommodation providers in everyday business.
With MyRent, users can:
- manage reservations in one place
- synchronize calendars and prices across connected channels
- use Channel Manager for easier sales management
- organize data about guests, properties and owners
- automate guest communication
- prepare invoices and business reports
- use additional integrations and modern tools for accommodation management
For tourist agencies managing a larger number of properties, this type of system means better control, less manual work and greater operational reliability.