vacation rental accounting Archives

Ximplifi, LLC. Becomes a Keeping Count Company with Recent Acquisition

Wichita, KS, US – Ximplifi, LLC., an accounting solutions provider specializing in vacation rental management, announced its acquisition by Keeping Count, a leading provider of outsourced accounting and bookkeeping services. The acquisition represents a strategic leap towards enhancing customer value, expanding service capabilities, and bringing more industry-focused solutions to market. Ximplifi founder and CEO, Jesse…

Short-Term Rental Tax Compliance for Property Managers

Achieving short-term rental tax compliance can be a complex, nuanced process, from understanding filing timelines and frequencies to license registration and revenue reporting. The goal of this article is to put your mind at ease as a property manager and keep your business in good standing. Continue reading to find answers to common questions related…

VRPatform + OwnerRez Partner for VRM Accounting

We are excited to share that OwnerRez users are now eligible to receive ongoing VRAccounting services thanks to the newly developed integration partnership with VRPlatform! The new integration between VRPlatform and OwnerRez allows users to automatically sync reservations, fees, and payment data into QuickBooks Online for simplified trust accounting. Outsource with Ximplifi For…

How a Single Source of Truth Benefits Hospitality Managers

What is a single source of truth? A single source of truth (SSOT) means that all of your company’s financial data is aggregated and stored in one place. This allows business leaders to obtain a holistic view of the company’s performance and make informed decisions based on a single point of reference. Consider this for…

7 Financial Housekeeping Tips for Vacation Rental Managers

Imagine your business is one of your rental properties. No matter how much curb appeal it has, if the interior is a mess, it’s not going to live up to its potential. The same logic applies when it comes to your property management company. Even before going public, many successful companies depend on clean financials…

Calculating 5 Property Management KPIs With VRPlatform & Sage Intacct

There are several Vacation Rental performance metrics that all property managers should be tracking, but what do they all mean, and how can you use them to drive your business?