VRTrust includes an Assets and Liabilities section at the bottom of the Property Management (PM) Statement. This section provides additional context on timing differences in your accounting by adjusting the cash shown on the statement to reflect earnings that have been earned but not yet settled in cash.
Where to Find the PM Statement
From the left-hand menu, navigate to the Statements page.
Click the PM Statements tab.
Select the statement you want to review.
Understanding the Assets and Liabilities Section
Scroll to the bottom of the PM Statement to find the Assets and Liabilities section. This section:
Accounts for timing differences between earned revenue and cash actually received.
Reflects funds that have been earned but not yet deposited into the trust account — most commonly related to payment processors.
To learn more about how the values in this section are calculated, hover over the info icon next to the section header. A tooltip will display details about what is included and how each value is derived.
How This Affects the Statement Summary
At the top of the PM Statement, the summary details are updated to reflect the Assets and Liabilities adjustments:
Balance End — Reflects total earnings after transfers.
Available Balance — Now incorporates the adjustments from the Assets and Liabilities section, giving a more accurate view of funds available by accounting for earnings not yet received in cash.
Together, these figures provide a clearer picture of both earned revenue and available cash for property managers.
If you still have trouble, reach out to our support team.