Guesty launches compliant trust accounting solution in Australia
Short term rental property management software firm Guesty announced the launch of a fully compliant trust accounting solution for property managers in Australia and New Zealand.
It says it meets the most demanding regulatory framework – Queensland trust accounting regulations.
Guesty’s new trust accounting solution was developed to address strict compliance and was designed in collaboration with one of Australia’s leading trust accounting auditing firms.
Unlike traditional accounting systems that operate separately from operational platforms, Guesty’s trust accounting is built directly into its property management software.
This allows property managers to manage financial operations, owner reporting, and portfolio performance in a single system.
It provides transparent financial visibility across properties, owners, and portfolios and is designed to reduce manual reconciliation and reporting.
The integrated accounting infrastructure is built directly into Guesty’s PMS.
Additionally, there is local support from an Australia-based trust accounting team
“This launch represents a major milestone for the short-term rental industry in Australia and New Zealand,” said Yoav Tourel, MD, APAC at Guesty.
“Trust accounting has traditionally been one of the most complex and stressful parts of operating a property management business. By working alongside auditors and industry experts, we’ve built a solution that meets the highest regulatory standards.”
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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