As your vacation rental management business grows, tracking advanced deposits, merchant fees, commissions, and payments across multiple listings and owners becomes a challenge. Doing all of this by hand, in conjunction with trust accounting, results in lost time and errors at the expense of maximizing revenue and profits. To reset the clock and get back to serving clients and guests, property managers need a scalable solution to handle these financial complexities. Developed by the experts at VRPlatform, VRTrust is a powerful accounting software purpose-built for the vacation rental industry that does what other systems can’t. With automated revenue, payment, and cancellation tracking, customizable owner statements, and the flexibility to match your business, Hostaway’s integration with VRTrust gives property managers full control over their financials to satisfy owners and scale with confidence. - Direct integration with Stripe/ Airbnb/ & other merchant processors - Financial performance dashboard - Automated set-up process for new listings and owners - Automated journal entries and payment posting - Automated cancellations workflow - Automated management commissions - Full general ledger - Double-entry accounting - True trust accounting compliance - Revenue tracking for co-hosting business models - Property management income statements - Effortless bank reconciliations - Transaction and automations audit trail - Pop-out window for itemized reservation and payment details - Column filters to sort by date/ status/ booking channel/ listing/ and more, Export to CSV or PDF - Live Chat Support - Collapsible main navigation menu - Knowledge base containing help articles and tutorial videos - Role-based access and admin controls - Guided account setup and onboarding instructions - Automated owner statement calculations - Year-end owner statement summaries - White-label online owner portal - Shared file hosting with owners - Flexible owner statement builder - ‘Statement ready for review’ owner notifications
Accounting