Best Accounting Software For Short Term Rentals

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best accounting software for short term rentals

As a short term rental owner, keeping track of finances can be a daunting task. Fortunately, there are many accounting software options available that can help simplify the process. In this article, we will discuss the best accounting software for short term rentals and help you choose the one that fits your unique needs.


1. Integration with Booking Platforms

One of the most important features to consider when choosing accounting software for short term rentals is integration with booking platforms. Look for software that can automatically import bookings and financial data from sites like Airbnb,, and VRBO. This will save you time and minimize errors.

2. Expense Tracking

Another key feature to look for is expense tracking. The software should allow you to easily record and categorize expenses such as cleaning fees, maintenance, and utilities. This will help you keep track of your cash flow and make tax time a breeze.

3. Invoicing and Payment Processing

Choose software that offers invoicing and payment processing. This will help you streamline the payment process for guests and ensure that you receive payments in a timely manner. You can also set up automatic reminders for late payments.

4. Reporting Capabilities

The software should have robust reporting capabilities that allow you to generate financial reports such as profit and loss statements, balance sheets, and cash flow statements. This will help you get a clear picture of your business’s financial health.

5. User-Friendly Interface

Choose software that has a user-friendly interface and is easy to navigate. This will save you time and reduce the likelihood of errors. Look for software that offers a mobile app so you can manage your finances on the go.

6. Customer Support

Finally, choose software that offers excellent customer support. Look for software that has a dedicated support team that can help you with any issues you may encounter. Ideally, the software should offer phone, email, and chat support.


1. Which accounting software is best for short term rentals?

There are many accounting software options available for short term rentals, but some of the most popular include QuickBooks, Xero, and Hostaway.

2. Do I need accounting software for my short term rental business?

While you can manage your finances manually, accounting software can help streamline the process and save you time and money in the long run.

3. How much does accounting software for short term rentals cost?

The cost of accounting software varies depending on the provider and the number of properties you manage. You can expect to pay anywhere from $10 to $50 per month.

4. Can accounting software help me with taxes?

Yes, accounting software can help you keep track of expenses and generate financial reports that can be used for tax purposes.

5. Can I try accounting software before I buy it?

Many accounting software providers offer free trials so you can test the software before you commit to a subscription.

6. Is accounting software easy to use?

Most accounting software is designed to be user-friendly and easy to navigate. However, some software may have a steeper learning curve than others.

7. Can accounting software help me with budgeting?

Yes, many accounting software options offer budgeting tools that can help you set financial goals and track your progress.

8. Is customer support important when choosing accounting software?

Yes, customer support is an important consideration when choosing accounting software. Look for software that offers dedicated support channels so you can get help when you need it.


Using accounting software for your short term rental business can help you:

  • Save time and minimize errors
  • Track expenses and cash flow
  • Create professional invoices and receive payments faster
  • Generate financial reports for tax purposes
  • Make data-driven decisions to grow your business


  • Research multiple accounting software options before making a decision.
  • Consider your unique needs and budget when choosing software.
  • Take advantage of free trials to test out software before subscribing.
  • Invest in software that has robust reporting capabilities.
  • Choose software that integrates with your booking platforms.


Using accounting software for your short term rental business can help you save time, minimize errors, and make data-driven decisions. When choosing software, consider integration with booking platforms, expense tracking, invoicing and payment processing, reporting capabilities, user-friendliness, and customer support. Don’t forget to research multiple options and take advantage of free trials before making a decision.