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Description
Rents are seamlessly recorded in the General Ledger with a single click, while payments can be easily input by selecting either the tenant's name or unit. The system provides real-time updates on the percentage of collections for the month to date with each transaction. Court documentation for overdue rents can also be generated with just one click. A comprehensive summary of all outstanding balances can be accessed with one click, and individual statements can be retrieved with just two clicks. The management of multiple property owners is streamlined with dedicated commission statements for each. Additionally, it effectively tracks former tenants with pending judgments. The program distinguishes between taxable and non-taxable income and expenses, as well as differentiating the Section 8 tenant's contribution from the total rent. It also monitors previous tenants’ garnishment payments and court satisfaction statuses. Furthermore, the system conserves paper by allowing reports to be viewed on-screen before printing hard copies. This efficiency not only simplifies the management process but also enhances the overall accuracy of financial records.
Description
VRTrust serves as a comprehensive accounting solution tailored for managers of short-term rental properties, accounting teams, and those with expanding portfolios. This platform enables users to efficiently handle trust accounting, operational finances, owner statements, bank reconciliation, and financial reporting, all within a unified interface.
The software streamlines intricate accounting processes, facilitates the matching of online travel agency payouts with bank transactions, and allows for precise tracking of revenue and expenditures for each property. Additionally, it oversees owner funds, keeps tabs on guest balances, and ensures a well-maintained general ledger. Its robust reporting features encompass profit and loss statements, balance sheets, trial balances, trust reconciliations, lodging tax reports, owner statements, and detailed financial insights at the property level.
With functionalities such as bank feeds, automated reconciliation features, adjustable fees and commissions, multi-property financial reporting, ACH payouts to owners, API access, and AI-compatible workflows via MCP, VRTrust minimizes the need for manual input and enhances the accuracy of financial data for property managers across various scales. Moreover, its user-friendly interface and powerful automation tools empower teams to focus more on growth and less on administrative tasks.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Airbnb
No
Authorize.Net
No
Avantio
No
Booking.com
No
Guesty
No
Hospitable
No
Hostaway
No
Hostfully
No
Lodgify
No
Mews
No
Integrations
Airbnb
Yes
Authorize.Net
Yes
Avantio
Yes
Booking.com
Yes
Guesty
Yes
Hospitable
Yes
Hostaway
Yes
Hostfully
Yes
Lodgify
Yes
Mews
Yes
Pricing Details
No price information available.
Free Trial
Yes
Free Version
Yes
Pricing Details
$375/month
Minimum subscription for 25 listings,
Volume-tier discounts for larger portfolios.
Volume-tier discounts for larger portfolios.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
FreeSoftware4Landlords
Founded
2006
Country
United States
Website
freesoftware4landlords.com
Vendor Details
Company Name
VRPlatform
Founded
2021
Country
United States
Website
www.vrplatform.app
Product Features
Real Estate Property Management
Billing & Invoicing
Yes
Commercial Properties
No
Contact Management
No
Credit Check
No
Expense Management
Yes
Insurance Management
No
Landlord Database
No
Late Fee Calculation
Yes
Lease Management
No
Maintenance Management
Yes
Owner Portal
No
Payment Processing
No
Portfolio Management
No
Rent Tracking
Yes
Residential Properties
Yes
Tax Management
Yes
Tenant Database
Yes
Tenant Portal
No
Vacancy Tracking
Yes
Website Management
No
Product Features
Accounting
Accounts Payable
Yes
Accounts Receivable
Yes
Bank Reconciliation
Yes
Billing & Invoicing
No
CPA Firms
No
Cash Management
Yes
Cryptocurrency Support
No
Expense Tracking
Yes
Fixed Asset Management
No
Fund Accounting
No
General Ledger
Yes
Government
No
Multi-Currency
Yes
Nonprofits
No
Payroll Management
No
Project Accounting
No
Purchase Orders
No
Tax Management
Yes
Vacation Rental
Contact Management
No
Fee / Commission Management
Yes
Guest Reviews / Ratings
No
Housekeeping Management
No
Lead Management
No
Owner Statements
Yes
Payment Processing
No
Property Database
No
Reservations Management
No
Vendor Management
No
Work Order Management
No
