Our role
Created tailored Products & Services list for STR company using Trust Accounting approach.
Description
Developed a customized list of Products & Services for a Short-Term Rental company following the Trust Accounting approach. In this method, guest payments are recorded as liabilities since the funds are held on behalf of property owners, ensuring full separation of client and company money. Only management fees are recognized as revenue. This setup improves transparency, simplifies owner reporting, and ensures compliance with industry-standard trust accounting practices.