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Discover how VRPlatform can simplify your financial management and ensure compliance in the short-term rental industry.
VRTrust is the ultimate short-term rental accounting software built specifically for the industry. With a full functioning general ledger, bank feeds, bank reconciliations, robust company and owner reporting, it is the solution every property manager needs to scale their business.
ACH payments will be available soon!
This feature is coming soon!
Yes! VRTrust is specifically designed as an all-in-one trust accounting solution for short-term rentals. Key features include: a full-functioning general ledger that supports trust balance reconciliation; three-way reconciliations between bank ledger balance, bank statements, and owner balances; and reports that help you reconcile your trust bank balance with balances due to owners, guest advance deposits, vendor liabilities, and money due to the property management company.
Yes, VRTrust offers automated workflows that handle invoicing, revenue splits, and owner payouts with built-in bank feeds and auto-matching for deposits and expenses.
Yes, VRTrust supports optional mark-ups and full automation of management commission formulas, booking fees, and other recurring owner expenses or deductions.
Yes, VRTrust captures 100% of owner billable expenses through bank feeds, accounting syncs, CSV uploads, or with integrations like Breezeway.
We support revenue reporting at Check-in, Check-out, Booking, or Split-month. For long-term reservations (user-defined, e.g., >30 days), we support split-month reporting.
Yes, VRTrust uses a full-functioning general ledger with multi-dimension tagging for listing, owner, guest, vendor, and line item categorization.
Yes, VRTrust includes a general ledger with accounts for tracking transactions, and journal entries post to different accounts based on configurations.
VRTrust enables three-way reconciliations in minutes between bank ledger balance, bank statement, and owner balances, with built-in bank feeds and auto-matching for effortless reconciliation.
Yes, VRTrust fully automates management commission formulas, booking fees, and other owner deductions with automatic calculation of management fees and owner payouts.
Yes! Users can manually create reservations in VRTrust with the click of a button. Simply select the listing and enter the guest name, booked at date, check-in and check-out. Optionally, you can also add a confirmation code and booking channel for greater clarity and accuracy.
Yes, VRTrust automatically calculates owner payouts. Direct ACH payments from your trust account will be available soon.
Yes! Team members can be assigned as a User or an Admin within VRTrust. Admin members have full access to the platform and can add or remove users from the team, while regular users have access to the platform but cannot manage other team members.
Yes! VRTrust connects with the banks that already support your business via Plaid, allowing property managers to seamlessly manage deposits, reconciliations, and separate trust from operating accounts. Currently, this is only available in the U.S. For international clients, this information can be manually uploaded.
Yes! Please visit our integrations page for systems we currently work with.
Yes! VRTrust supports integration with Airbnb, Booking.com, Stripe, and GuestyPay. Payout data from Airbnb, Stripe and GuestyPay is captured and synced with reservations. Clients who don’t use these systems can post deposits manually or upload payout files.
Yes! Our integration with Breezeway allows users to seamlessly import billable owner expenses for accurate reconciliation and owner statements.
Yes, though we recommend doing this only if the account is paid using the trust account.
VRTrust is built to be a standalone accounting software with a general ledger, bank feeds and reporting that can replace systems like QuickBooks or Xero. However, for clients who want to use VRTrust in conjunction with QuickBooks, Xero, or Sage Intacct, workflows can be configured to pull expenses, post GL activity, and post property management statement financials.
Upsells can be tracked within VRTrust by creating a custom fee.
Yes! Profit and Loss reports are available in VRTrust, offering property managers multiple ways to view and drill down into their net income.
Yes, VRTrust creates owner statements, dashboards, year-end summaries and property management statements that show your net income synced with accounting software.
Yes, VRTrust includes a secure owner portal where you can publish statements, share files, e-file 1099s, and provide year-end summary statements.
Yes! VRTrust offers dedicated customer support through multiple channels. You can book a call with a VRTrust onboarding expert to get personalized assistance with setting up your short-term rental accounting. We also provide live chat support, which you can access directly from our platform for immediate assistance with any questions or issues.
Yes! VRTrust supports Partner accounting consoles for accountants and bookkeepers.
Yes! VRTrust is built by industry-leading accounting professionals and designed with workflows optimized for both in-house and external accountants. If you are a bookkeeper or accounting firm serving short-term rental managers and want to learn more about our accounting partners program, please visit our Accounting Partners page.
We support recognition at Check-in, Check-out, Booking, or Split-month. For long-term reservations (user-defined, e.g., >30 days), we support split-month recognition.
Yes, clients can either be billed directly with your partner discount, or you can be billed in bulk on their behalf.