Tired of filling in calculation sheets? Lost in numbers and transactions?
Like most vacation rental owners and managers, we bet you didn’t get into that business to deal with numbers… As the VR industry is facing a huge expansion, many side-businesses are being created, helping owners and managers to save time and money everyday:
Changeover management with Properly, vacation rental softwares such as ours, team management and stats with Rental Ninja, for example.
One of them decided it was high time someone jumps into the accounting case and starts developing a solution that could be beneficial to every vacation rental host: welcome to the Rental Ninja Accounting Solution!
Accounting made easy, from one single place
Imagine a tool where all of your vacation rental accounting can be made, from one place.
Following this simple idea, the Rental Ninja team worked very hard to create Accounting, the latest addition to their offer.
Here’s what you can do with Accounting:
Create Accounting Statements per group of Rentals and any dates:
Account for all your incomes from your bookings
Payments: calculate how much you have to pay to your recipients: rental owners, cleaning/check-in agents...
Know what is your net income (how much you earn, as a company).
Once the recipients strategy is set, create all your Accounting Statements in the blink of an eye.
Track your payments: mark a payment as paid once you transfer the money to a recipient.
Send the recipient the required information: report, transfer receipt and any other attachment.
Coming soon: accounting statistics.
The story behind this new tool
As you may already know, managing accounting can be difficult and painful, especially when it comes to vacation rental management. Rental Ninja, with an experience of 10 years in the industry thanks to their Easy Flat Barcelona business, knew they could bring a great solution to hosts and property owners.
“Rental Ninja was born with the idea of helping people like us, with a high workload due to many repetitive tasks that, in fact, can be done in a more automatic way” says Didac Alvarado from Rental Ninja.
“What is useful for us must be useful for others. We’re in a constantly growing industry, and automating tasks is the fastest way to grow. Saving time in what has a poor added value has a huge importance.
So we were obsessed with the idea of developing an accounting tool specially designed for the Vacation Rental Business. We, as many people might do, used to run with spreadsheets. However, you have to manually add all the information, and many times you just miss something. And on top of that, if a booking changes, you have to start over again... Sometimes it’s tricky to calculate how much you have to pay to each of your rental owners, check-in/cleaning agents,...
So we decided to go for it and create a solution for it all: From automation to commission calculation and owner payments. What took us two days every month, we can now achieve in about 2 hours.”
Here’s a video introducing you to the Accounting tool:
Ready to save time and make your vacation rental life easier? Become a Rental Ninja and start you 30-day free trial!