Revolutionizing Short Term Rental
Financial Management
HostAllies has partnered with Clearing to simplify short-term rental financial management. We leverage our experienced team, 24/5 operating model and process automation to drive accuracy and efficiency for you.
Bookkeeping, Tax & Financial Services
Hostallies Service Offerings
Trust Accounting Compliance
Ensuring secure and transparent management of funds.
What's Included?
Trust Account Balance Reconciliation
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Closing balance of Trust account to Tie to advance booking receipt and any unpaid vendors/expenses
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​Calculation and advisement on the trust-to-operating transfer amount
Trust Account & Credit Card Reconciliation
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Link/set up PMC credit card & Trust Account to Clearing
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Recording of receipts/transactions in Trust Account - OTA & other transactions included
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Recording of credit card transactions linked to the Trust account
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​Credit card & Trust account monthly reconciliations.
Comprehensive Financial Reporting
Providing clear insights into financial performance.
What's Included:
Access detailed, easy-to-understand financial reports, including income statements, balance sheets, and cash flow summaries.
Customize reports to fit your specific needs and share them effortlessly with property owners.
Make informed business decisions with clear insights into your financial performance. Impress property owners with professional, transparent reporting.
Automated Bookkeeping
Let our team handle your day-to-day bookkeeping tasks, from recording transactions to reconciling bank statements.
Integrate with your existing software for seamless data flow and minimal disruption.
Save time and reduce errors by entrusting your bookkeeping to experienced professionals, freeing you to focus on growth.
Tax Preparation Support
Stay ahead of tax deadlines with organized records and expert guidance. We prepare accurate summaries that simplify your tax filing process.
Collaborate with your accountant or tax preparer to ensure all requirements are met.
Minimize tax stress and avoid penalties with streamlined preparation and proactive support.
Trust Accounting Compliance
Ensure full compliance with trust accounting regulations. Our team manages owner funds with precision and transparency, safeguarding your business against costly errors.
We reconcile accounts regularly, ensuring accurate balances and timely reports.
Gain peace of mind knowing your trust accounting practices meet legal requirements and industry standards, protecting your reputation and relationships.
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Comprehensive Financial Reporting
Access detailed, easy-to-understand financial reports, including income statements, balance sheets, and cash flow summaries.
Customize reports to fit your specific needs and share them effortlessly with property owners.
Make informed business decisions with clear insights into your financial performance. Impress property owners with professional, transparent reporting.
Automated Bookkeeping
Let our team handle your day-to-day bookkeeping tasks, from recording transactions to reconciling bank statements.
Integrate with your existing software for seamless data flow and minimal disruption.
Save time and reduce errors by entrusting your bookkeeping to experienced professionals, freeing you to focus on growth.
Tax Preparation Support
Stay ahead of tax deadlines with organized records and expert guidance. We prepare accurate summaries that simplify your tax filing process.
Collaborate with your accountant or tax preparer to ensure all requirements are met.
Minimize tax stress and avoid penalties with streamlined preparation and proactive support.
Why Choose HostAllies for Financial Management?
HostAllies partners with top financial and tax firms, leveraging the expertise of thousands of team members and cutting-edge software solutions. This ensures your business is supported by the best in the industry, offering unparalleled accuracy, compliance, and strategic insights.
White-Glove Onboarding for Seamless Transition
1
Assessment
We review your current financial management practices and identify areas for improvement, including compliance gaps or inefficiencies.
2
Implementation
Our team sets up your financial systems and integrates them with your existing tools to ensure seamless operations.
3
Ongoing Support
We handle day-to-day financial tasks, provide regular reports, and offer guidance to help you navigate complex financial challenges.