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Recent Articles

Vacation Rental Property Management Key Performance Indicators

Gross Rental Revenues We will start with the obvious one, rental revenues. Every vacation rental property manager should be tracking this metric month-over-month, year-to-date and season to prior year season. However, going further should tell an even better story.  For example, calculating rental revenues by ...

Common Pitfalls of Accounting for Vacation Rental Property Managers

Not Using Tracking Categories. Likely the most common pitfall is using separate accounts to track properties instead of tracking categories (i.e. locations or classes in QuickBooks). Using separate accounts instead of tracking categories creates several challenges, including difficulty setting up owner/property reporting and banking rules. ...

Additional Articles

10 Signs You've Outgrown QuickBooks

Frustrated with QuickBooks? Download my article to determine if you need a more sophisticated system to meet your needs.

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