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Introducing Accounting by Guesty: A fully automated trust accounting-compatible solution

Since our inception, we have humbly grown alongside our users. And over time, the needs of professional hosts and property management companies evolve. Today we are excited to announce that we now meet one more of those needs, formally launching Accounting by Guesty.

Our best-in-class, automated trust accounting-compatible system will eliminate repetitive tasks while keeping your business running smoothly. 

Stay compliant

Ensuring your books are kept up to date is no simple task as it means keeping track of sales figures, periodical statements, cash flow, accounts payable, and taxes, just to name a few. As your business grows, these challenges become more compounded, especially in dynamic industries like property management.

Accounting by Guesty is intuitive, robust, and easy to use

Accounting by Guesty is available to users who wish to add this paid service to their Guesty software package. With this premium feature you  can: 

  • Keep track of your finances at all times. Our feature set will enable you to automate the entire bookkeeping process by automatically creating journal entries for every transaction. With the Guesty chart of accounts, you can track everything – from advanced deposits to accounts payables.
  • Produce reliable owner statements to keep your customers informed. Automatically generate white labeled statements for each of your property owners as often as you need. You can then easily send those statements straight to owners right from the Guesty platform to your owners email inboxes.
  • Sync multiple accounting processes at once. Together with your traditional accounting software, Guesty’s accounting suite will supplement any gaps in your current procedures as well as easily export data from Guesty into your operational accounting software to create accurate financial reports. 
  • Save on resources. Human error can cost you a lot of time and resources. Instead, rely on Guesty’s robust solution to automate and eliminate repetitive tasks while keeping your business running smoothly – limited accounting experience required. 
  • And much more! 

Check out the recap of our accounting event this month.

To learn more about Accounting by Guesty, check out more information here or to request a demo of this new feature set, click here. If you’re a current user interested in learning more about Accounting by Guesty, contact your Customer Success Manager or our Customer Solutions team here.

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