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Average Ratings 0 Ratings

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features
design
support

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Write a Review

Description

Relying on manual methods for bank reconciliation can be inefficient, especially when dealing with a large number of accounts across various banks. QX QuickReco simplifies this process by automatically importing data and facilitating the matching of transactions to enhance the efficiency of reconciliation. The platform aligns information from general ledger files with bank statement reports, performing automatic matches while also accommodating adjustments for any hidden transactions, like bank fees or charges. Users can conveniently set up and manage multiple accounts from the same financial institution or from different banks. Additionally, the system allows for the integration of newly established accounts, enabling the import of thousands of records from bank statements and bank books for seamless automatic reconciliation. It is also straightforward to enter adjustment entries for payments that do not correspond with invoices. Furthermore, entries can be categorized based on their matching status—whether they were auto-matched, manually matched, or adjusted—providing clarity and organization throughout the reconciliation process. This comprehensive solution ultimately enhances accuracy and saves valuable time for financial professionals.

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 

Screenshots View All

Screenshots View All

Integrations

Airbnb No 
Authorize.Net No 
Avantio No 
Booking.com No 
Guesty No 
Hospitable No 
Hostaway No 
Hostfully No 
Lodgify No 
Mews No 
OwnerRez No 
QuickBooks Online No 
Ramp No 
Sage Intacct No 
Smily No 
Stripe No 
Uplisting No 
Xero No 
apaleo No 

Integrations

Airbnb Yes 
Authorize.Net Yes 
Avantio Yes 
Booking.com Yes 
Guesty Yes 
Hospitable Yes 
Hostaway Yes 
Hostfully Yes 
Lodgify Yes 
Mews Yes 
OwnerRez Yes 
QuickBooks Online Yes 
Ramp Yes 
Sage Intacct Yes 
Smily Yes 
Stripe Yes 
Uplisting Yes 
Xero Yes 
apaleo Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$375/month
Minimum subscription for 25 listings,
Volume-tier discounts for larger portfolios.
Free Trial No 
Free Version 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 

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 No 
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 Yes 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

QX Global

Country

United Kingdom

Website

qxglobalgroup.com/product/bank-reconciliation-system/

Vendor Details

Company Name

VRPlatform

Founded

2021

Country

United States

Website

www.vrplatform.app

Product Features

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 

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