Welcome to VRTrust. This article provides a high-level overview of the platform—what it does, how it’s structured, and what you can expect as you get started.
VRTrust is designed to help short-term rental operators save time, reduce complexity, and produce accurate financials for both owners and property managers.
What Is VRTrust?
VRTrust is the first stand-alone accounting platform built specifically for the short-term rental industry.
It includes:
A full general ledger
Native support for trust accounting
Automated reservation, deposit, and payment workflows
Owner and property management financial reporting
Everything you would normally do in a traditional accounting system—record reservations, track expenses, reconcile banks, and generate statements—happens directly inside VRTrust, purpose-built for vacation rentals.
Trust Accounting Focus
VRTrust is built to support trust accounting, meaning:
Guest funds are tracked separately from operating funds
Trust balances are clearly visible
Money received from guests is tracked until it is paid out to owners or the property manager
Currently, VRTrust focuses on tracking your trust account, ensuring accurate handling of guest funds you are responsible for distributing.
Introduction to VRTrust 0:00
How VRTrust Automates Your Accounting
VRTrust automates many of the most time-consuming accounting tasks by connecting directly to your systems, including:
Your Property Management System (PMS)
Stripe and other payment processors
Airbnb
These connections allow VRTrust to:
Sync reservations automatically
Import deposits and batch payouts
Apply payments to reservations
Reconcile deposits without manual matching
The VRTrust Dashboard
When you first log in, you’ll land on the Dashboard.
The dashboard:
Highlights issues that may block you from using the system effectively
Flags items that need attention (such as incomplete setups or imbalances)
Helps guide your next steps during onboarding
Dashboard Overview 0:58
Settings & Configuration
From the Settings menu (accessible via the three dots next to your name), you can:
Manage general settings
Invite team members
Review and configure your Chart of Accounts
Set up reservation mappings
Configure revenue recognition
Adjust other core accounting behaviors
These settings define how transactions post and how revenue flows through VRTrust.
Initial Setup Steps 1:23
Core Areas of the Platform
Bank Reconciliation
One of the first recommended steps is to connect your trust bank account (especially for U.S.-based customers).
Once connected:
Bank transactions flow into VRTrust automatically
Bank reconciliation becomes faster and more reliable
Connections
VRTrust supports direct connections to:
Airbnb
Stripe (and other payment gateways)
These connections allow VRTrust to break out:
Batch deposits
Merchant fees
Reserves
Co-host payouts
Deposits & Expenses
In VRTrust, you can:
Review deposits from Stripe and Airbnb, plus uploaded Booking.com payouts, and more
Record merchant fees and reserves
Add expenses paid from:
Operating accounts
Trust accounts
Credit cards
Track reimbursable expenses cleanly
Managing Deposits and Expenses 1:48
Reservations
The Reservations section shows all reservations synced from your PMS.
From each reservation, you can:
Open a detailed drawer
Review financials
See guest payments
View fees and commissions earned by the property manager
Identify reservations with outstanding balances
VRTrust flags reservations with non-zero balances so you can quickly address unpaid or misapplied payments.
Reservations Management 2:19
Listings
Listings are automatically pulled from your PMS.
Within listings, you can:
Assign owners
Apply fees and commissions
Configure commission formulas
Control which users and owners have access to reports
Listings Management 2:54
Fees & Commissions
VRTrust includes a robust Fees & Commissions engine that allows you to:
Set commission rates
Deduct booking channel fees
Pass through merchant fees
Apply cleaning, pet, or other fees
Automate revenue splits between owners and the property manager
This ensures revenue is allocated correctly without manual calculations.
Fees and Commissions 3:18
Reports
VRTrust includes full accounting reports, including:
General Ledger
Trial Balance
Trust Reconciliation
Profit and Loss
Reservation Lodging & Occupancy Tax
and more!
These reports support reconciliation, review, and audit workflows.
Reporting Capabilities 3:26
Statements
VRTrust supports two types of statements:
Owner Statements
Fully customizable
Designed to show owners exactly what you want them to see
Can be reviewed and published directly from the platform
Property Management Statements
Show revenue earned by the property manager
Track balances owed to the PM from the trust account
Support manager payout workflows
Owner Statements & PM Statements Overview 3:46
13. Conclusion 4:33
What to Expect Going Forward
With VRTrust, you can expect:
Faster month-end close
Clear owner statements
Accurate tracking of your own revenue as a property manager
Less manual work reconciling deposits and payments
A calmer, more predictable accounting process