Clearing - Take vacation from managing your property finances

🚀 Welcome to Hostfully Integrations Palooza! 🚀

This session features:

Clearing is a complete trust accounting and automated bookkeeping solution tailored for Short-Term Rental operators to close their books faster than ever before. Property managers use Clearing to track their cash flow from multiple sources, manage their expenses, generate owner statements and pay homeowners & vendors. In the spirit of trust accounting, funds collected can be kept in separate balances by homeowners or groups of properties and owners have a dedicated portal to track their properties’ transactions and funds in real time. Accountants can be invited with restricted permissions to review and manage the books. Further, accounting financial statements can either be developed within Clearing as a stand-alone accounting software, or the reconciled and allocated transactions can be mapped directly into journal entries in Quickbooks Online. 

Track all transactions in a single platform: You can link any source of revenue (Airbnb, Stripe, Bank accounts & credit cards) and expenses in Clearing to have a central platform to track your cash flow.

Automated categorization of revenue & expenses: You can create granular rules to automate the categorization of transactions (e.g. Stripe Fee, Rent Revenue – Airbnb).

Automated allocation of revenue & expenses by listing: You can connect your PMS to automate the allocation of revenue and expenses by listing and group of listings.

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