TreeHouse Accounts
Secure Finances, Seamless Stays!
TreeHouse Accounts
Secure Finances, Seamless Stays!
Friendly. Knowledgeable. Professional.
Effortlessly Manage Your Short-Term Rental Finances with Trust Accounting Services!
Navigating the financial complexities of short-term rentals can be daunting, but with our specialised trust accounting services, you can breathe easy. We understand the unique needs of property managers in the short-term rental market, ensuring transparent and efficiently management of funds.
Our dedicated team handles everything from guest payments and owner payouts to tax obligations, all while adhering to strict trust accounting standards. With our expertise, you can trust that all rental income is meticulously tracked, safeguarded, and disbursed accurately and on time.
Say goodbye to the headache of managing finances for short-term rental properties. Let us handle the numbers so you can focus on maximising your businesses potential.
Contact us today to learn more about how our trust accounting services can streamline your rental management process!
ABOUT US
Your trusted partner in short-term rental financial management
With over a decade of experience in the industry, we’ve been providing top-notch trust accounting services to a diverse range of clients, helping them navigate the complexities of short-term rental finances with ease. We understand the unique challenges that property managers face in the fast-paced world of short-term rentals. That’s why we’ve honed our expertise over the years, working with various short-term rental software platforms and serving clients of all sizes, from boutique property managers to large-scale companies.
Our team brings a wealth of knowledge and experience to the table, ensuring that our clients receive tailored solutions that meet their specific needs. Whether it’s integrating with different software platforms, optimising financial processes, or providing personalised support, we’re dedicated to delivering excellence in every aspect of our service.
With us, you can trust that your short-term rental finances are in capable hands. Let us take the stress out of managing your financials so you can focus on what you do best – providing unforgettable guest experiences!
Short-Term Rentals Accounting Solutions
OUR SERVICES
Grow Your Vision
These services are designed to streamline the financial management of short-term rental properties, allowing property managers to focus on providing exceptional guest experiences while ensuring their finances are handled with professionalism and accuracy.
Complete Trust Account Management
- Guest Payment Management: Handling guest payments, including processing bookings, managing rental rates, and invoicing guests.
- Expense Tracking: Monitoring and tracking all expenses related to property management, including maintenance, repairs, and utilities.
- Vendor Payments: Managing payments to vendors such as cleaners, maintenance personnel, and property managers.
- Trust Accounting Compliance: Adhering to trust accounting standards and regulations to ensure proper handling and transparency of funds.
- Audit Support: Providing support during financial audits to ensure accurate and transparent accounting practices.
- Client Communication: Maintaining clear and open communication with property owners regarding financial matters and any pertinent updates.
Business Account Bookkeeping
- Management of STR Specific Chart of Accounts
- Bank Reconciliation: Reconciling bank statements with recorded transactions to ensure accuracy and identify any discrepancies.
- Accounts Payable: Managing payments to vendors and service providers.
- Accounts Receivable: Raising and Tracking invoices, payment processing, and following up on outstanding balances.
- Tax Preparation: Compiling necessary financial information and documents for tax reporting purposes, including BAS, PAYG, income tax, and any other applicable taxes to be compled by accountant.
- Financial Reporting: Generating regular financial reports, such as profit and loss statements, balance sheets, and cash flow statements, to provide insights into the financial performance
- Comply with Payroll Management including PAYG, Tax, Leave, Allowances, Payslips, Terminations & Quarterly Superannuation Entitlements.
Set Up Consultation
By offering these consulting services, we aim to empower property managers with the knowledge, tools, and strategies needed to effectively manage their finances, optimize profitability, and achieve their financial goals.
- Software Setup and Integration: Setting up and integrating accounting software tailored to the needs of short-term rental businesses, such as property management systems or specialized bookkeeping software.
- Compliance Assistance: Ensuring compliance with relevant accounting standards, tax regulations, and legal requirements applicable to short-term rental properties.
- Documentation and Record Keeping: Maintaining organized records and documentation of financial transactions, invoices, receipts, and rental agreements for audit and reference purposes.
- Training and Education: Providing training and educational resources to property owners and their teams on accounting principles, financial management best practices, and relevant industry trends.
- Ongoing Support and Advisory Services: Offering ongoing support and advisory services to address evolving financial needs, answer questions, and provide guidance on financial decisions impacting short-term rental properties.
Truth and only the Truth
What Our Clients Are Saying
“Game-changer”
Working with TreeHouse Accounts has been a game-changer for our short-term rental business. Their expertise in trust accounting has brought a level of professionalism and efficiency to our financial management that we never thought possible. From seamless integration with our property management software to their meticulous attention to detail, they’ve truly exceeded our expectations. Thanks to TreeHouse Accounts, we can focus on providing exceptional guest experiences while they handle the numbers with precision and care.
“Best decision we made”
Switching to work with Eva at TreeHouse Accounts was one of the best decisions we made for our short-term rental business. Their attention to detail and commitment to accuracy have given us peace of mind knowing that our finances are in good hands. Their software integration has streamlined our accounting processes, saving us time and reducing the risk of errors. Plus they are friendly and always there to answer any questions we have. Highly recommend their services to any property omanager looking for reliable trust accounting solutions!
“Saved us countless hours”
Partnering with TreeHouse Accounts has been a game-changer for our short-term rental business. Their expertise and dedication to excellence have significantly improved our financial management processes. The seamless integration of trust accounting software with our property management system has saved us countless hours of manual data entry and ensured accuracy in our financial records. They are knowledgeable, and always go above and beyond to meet our needs. Thanks to them we have full confidence in our financial operations.
