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Course 5: Go-Live & Opening Balances

Updated this week

This course ensures VRTrust starts with accurate financial history.

Opening balances are recorded once, and accuracy here affects all future months.


What You’ll Learn

  • How to define your go-live date

  • How to establish trust balances correctly


Course Playlist

Lesson 1: Go-Live Planning
πŸ‘‰ Choosing the correct start date

Lesson 2: Understanding Opening Balances
πŸ‘‰ Final step in the onboarding process

Lesson 3: Opening Advance Deposits
πŸ‘‰ Guest payments on future reservations

Lesson 4: Opening Owner Balances
πŸ‘‰ Payables and deficits

Lesson 5: Opening Tax Liabilities
πŸ‘‰ Unremitted guest taxes

Lesson 6: Trust Surplus vs Deficit
πŸ‘‰ Understanding your starting position


➑️ Next Course: Month-End Close

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