FAQS
VRPlatform is a software that automates trust accounting and produces better-looking owner statements. While it is designed to simplify trust accounting for vacation rental properties, it is not a full replacement for accounting software like QuickBooks Online.
WHAT IS VRPLATFORM?
VRPlatform is a powerful plug-in integration tool that connects property management systems, OTAs, and merchant processors with QuickBooks Online or Sage Intacct for faster, more accurate financial reporting and owner statement preparation. By automagically allocating revenues, fees, management commissions and billable expenses to the correct locations, VRPlatform supports true trust accounting while reducing the manual workload.
With VRPlatform working in the background, Ximplifi adds a layer of support for property managers who want to free up even more time to focus on their business.
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My Destin Beach Vacation
Ximplifi worked with My Destin Beach Vacation, a Florida-based vacation rental management firm, to provide cleaner owner statements and efficient bookkeeping services, allowing them to double the size of their portfolio.
“We tried using an accountant who had never worked with short-term rentals before, and it was a disaster. It was so much easier to go to someone that actually does this for a living, and that was Ximplifi.”
