VRPlatform

As every vacation rental management business grows, tracking advanced deposits, merchant fees, management 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, VRMs need automation designed to handle these financial complexities. Introducing: the VRPlatform automation plug-in. By syncing data from Hostaway into accounting software, VRPlatform cuts the manual accounting workload in half and provides clear, up-to-date financial reporting for every property in your portfolio. With automations to record revenue, payments, and cancellations, as well as the ability to create owner-friendly statements and view financial performance metrics, VRPlatform is the virtual accountant property managers need to build owner trust and gain efficiency to scale with ease. - Integration with QuickBooks Online/ Xero/ Sage Intacct - 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 - 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 - One-click 1099 reporting and filing - White-label online owner portal - Shared file hosting with owners - Flexible owner statement builder - Statement ready for review’ owner notifications