VRTrust is an accounting platform built for short‑term rental managers that automates trust accounting, multi‑property revenue splits, expense tracking, and owner payouts. It offers a full‑functioning general ledger with bank feeds, three‑way reconciliations, and an owner portal that generates audit‑ready statements and reports, reducing manual work and ensuring compliance.
Funding
Funding not disclosed
Founders
Product
Problem
Short‑term rental managers must handle complex financial workflows—including trust accounting, multi‑property revenue splits, expense tracking, and owner payouts—using generic tools like QuickBooks that lack industry‑specific automation and compliance features. This leads to manual reconciliations, errors in owner statements, and difficulty maintaining audit‑ready trust balances.
Solution
VRTrust delivers a purpose‑built accounting platform for short‑term rental operators that automates the entire financial stack. The system provides a full‑functioning general ledger with multi‑dimensional tagging, bank feeds, and three‑way reconciliations that match expenses, payouts, and bank transactions in real time. Trust accounting is handled natively, keeping operating and trust funds separate and generating audit‑ready reports. Customizable revenue splits and automated owner statement generation reduce manual work, while an owner portal gives property owners instant access to payouts and statements. Integrated APIs connect to property‑management systems, Airbnb, and payment gateways, enabling seamless data flow and eliminating duplicate entry.
Target Audience
Primary customers are short‑term rental property managers and vacation‑rental management companies that oversee multiple listings and need compliant trust accounting, as well as accounting firms servicing these operators.
Features
- Full‑featured general ledger with multi‑dimension tagging (listing, owner, guest, vendor, line item)
- Automatic three‑way reconciliation of bank ledger, bank statements, and owner balances
- Trust balance reconciliation and audit‑ready trust accounting records
- Customizable revenue split engine with instant updates to owner statements
- Owner portal for self‑service access to statements, payouts, and fee breakdowns
- Bank feeds via Plaid and bulk deposit parsing to automate transaction import
- Automated tax, commission, and fee calculations with sales‑tax liability tracking
- Integrated reporting suite: profit & loss, KPI dashboards, trial balance, and dimensional balances