A new year means a fresh set of books. We’ve been building a complete accounting system to ensure they stay accurate at scale, with updates for faster reconciliation, airtight compliance, and cleaner books without the manual effort. All Guesty Accounting features are seamlessly integrated to ensure absolute precision across all your finances.
Here’s what’s new to Guesty Accounting, and why it matters for your operation in 2026.
Tax season, simplified
End-of-year reporting shouldn’t require a team of accountants and a stack of spreadsheets. We’ve built three interconnected capabilities that turn tax compliance from a multi-week project into a streamlined workflow.
Automated 1099 generation and distribution
Every year, U.S. PMCs face the same compliance burden: prepare 1099-MISC forms, file them with the IRS, and distribute copies to owners before the deadline. Miss a step, and you’re looking at penalties and frustrated owners.
Guesty now handles the entire 1099 workflow in-platform. Configure your settings once, then generate IRS-compliant files ready for e-filing through the IRS FIRE system. PDF copies are automatically generated for owner records and state filings, ready to share directly through the Owner Portal.
What this means for you:
- No more manual data entry or third-party tax tools
- Reduced error risk with automated, IRS-compliant form generation
- Secure owner access to tax documents through the portal
- One less reason for owners to call you in January
Assign tax remittance responsibility by tax type
Not all taxes work the same way. Some PMCs handle certain taxes while owners remit others, and the split varies by contract, jurisdiction, and property type.
You can now configure which guest taxes are remitted by property owners and which by the PMC, directly in your business model. Set separate recognition dates for each party to ensure accurate financial reporting that aligns with your actual contractual agreements.
This flexibility is especially relevant for PMCs dealing with varying state and local tax requirements.
Owner reporting
Annual owner statements with fiscal year flexibility
Our new Annual Owner Statements initiative lets you define your fiscal year settings to match your business (calendar year by default, but configurable for markets with different requirements), then generate comprehensive annual statements in multiple formats:
- Annual full statement: Detailed transaction-by-transaction breakdown for the entire year
- Annual summary: Year-to-date totals for quick reference
- Annual summary by month: Monthly breakdowns for owners who want granular visibility
Run statements for a single owner, a group, or your entire portfolio at once. Export in multiple formats to match owner preferences. What used to take hours of manual work now happens in a few clicks.
Cash control and payouts
The gap between knowing what you owe and actually paying it has always been wider than it needs to be. Too many tabs, too many logins, too much manual reconciliation. This quarter’s payout updates close that gap.
Native ACH bank transfers
Until now, paying owners and vendors meant checking balances in Guesty, logging into your bank to initiate each transfer manually, then returning to Guesty to record the payout for reconciliation.
With native ACH bank transfers inside Guesty, you can:
- Verify your business and connect your bank account once
- Save payout details for owners and vendors
- Send bank transfers directly from your Accounting dashboard
- Track payment statuses without switching systems
No bank portals. No manual tracking. Just a few clicks and you’re done.
Complete payout flexibility
Not every owner wants ACH. Some still require paper checks. Others have specific banking arrangements. We’ve built out the full spectrum:
- Embedded check printing: Process check payments for U.S. owners and vendors without leaving Guesty. Complete documentation stays in one system.
- NACHA file generation: For PMCs who prefer batch processing through their existing bank relationships, generate NACHA (ACH) files directly from Guesty with one click.
- Seamless Chex integration: Additional payout pathway for streamlined vendor payments.
Multiple cash account management
Enterprise PMCs often operate across multiple financial entities. Different bank accounts for different properties, regions, or business units. Managing these separately creates reconciliation headaches and audit risks.
You can now set up and manage multiple bank accounts directly within Guesty, with full visibility into funds across all financial entities. This significantly reduces manual reconciliation and ensures your trust accounts and payouts remain perfectly aligned at scale.
Airbnb auto-grouping
Airbnb payouts arrive as a jumble of payments, refunds, and Resolution Center adjustments. Matching these to reservations manually is tedious and raises the risk of errors. Guesty now automatically groups related Airbnb transactions into single, coherent line items. This means less time matching transactions, fewer manual errors, and cleaner books.
Advanced reporting and analysis
Richer data leads to smarter decisions. These reporting enhancements give you deeper visibility into your financial operations.
Transaction categories: Apply categories to transactions for performance analysis, trend identification, and more meaningful financial reports.
PMC disbursement reports: Produce comprehensive breakdowns of every disbursement by income and expense category, no custom exports required.
The complete Guesty Trust Accounting suite
Our latest updates build on a comprehensive accounting platform, designed specifically for short-term rental operations. Here’s what the full suite includes:
Business models and revenue management
Every owner’s contract is different. Different commission rates, different expense splits, different terms. Guesty accounting reflects the deals you actually made.
- Define exactly how revenue is split between you, your owners, and your vendors.
- Set PMC commission structures (including different rates for confirmed vs. canceled reservations)
- Configure trust account income and expense allocations
- Establish recurring charges and expenses
- Customize commission percentages by channel, source, or length of stay.
- Assign multiple owners per property with accurate revenue distribution.
Owner accounting
Generate owner statements automatically with customizable templates, branding, and detailed tax and expense itemization. Then preview, approve, flag for review, or bulk update as needed. You can also transfer funds between owner statements and working capital accounts for more precise cash flow control.
With the new annual statements and 1099 generation, you have a complete owner financial management system.
Posting journal
Automated journal entries capture every transaction with full audit trails and customizable views. Owner charges, folio transfers, payments, expenses, credits, debits — all in one place, with document attachments, reversals, and CSV export built in.
Bank reconciliation
Create and manage reconciliations from start to finish, all within Guesty. Review and submit completed reconciliations, track status, and download statements. The system ensures parity between bank reconciliation and cash account balances, allowing you to pull transactions from previous periods when needed.
Guest invoices
Set up professional guest invoices with your company information, logo, and customized messaging. Include nightly rate breakdowns, payment information, and payment links for direct collection. You can send invoices directly from the reservation page with the correct managing company and contact information displayed.
Built-in compliance
Choose your accounting method (accrual or cash basis) to match local jurisdiction requirements. Lock accounting periods to protect historical data, block owner transactions to prevent overdrafts, and distribute funds proportionately to partial payments received. Every feature is designed with compliance in mind.
“Guesty Accounting has changed the way we manage our finances. It’s tailored for short-term rentals and provides accurate, real-time visibility into our revenue, expenses, owner statements, and profitability across listings. It has helped us reduce manual work and stay on top of compliance.”
— Carlos Cordero, Stay Here | 40 listings | United States
Run your business with full financial clarity
Your owners expect accurate statements. Your accountant wants clean reconciliations. Your business needs numbers you can trust to plan for growth. These updates form a complete, foundational financial system that eliminates hours of manual effort so you can focus on building your business.