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Onboarding -Automation Mappings - Locations
Onboarding -Automation Mappings - Locations

Location Mappings in VRPlatform

Updated over a week ago

Locations, either "Trust" or "Property Management (PM)," are designated for the entities to which the various line types originating from your Property Management System (PMS) and other connections will be recorded. Each line type is associated with a specific location or entity to track its corresponding funds category. Users commonly set the Fallback location to "Trust" for each line type.

Assigning the PM location to a listing is typically necessary only for arbitrage or property management-owned listings, which are often deposited into a separate trust account and mapped to the Profit and Loss (P&L). This exceptional scenario is configured using the "+ Add exception" button in the "Default Exceptions" section and is set at the "Listing Collection" or "Unit" level.

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