Trust Accounting
for Property Managers
Experience effortless and automated trust accounting tailored for property managers to collect and organize funds by homeowner and group of properties.
Clearing’s easy trust accounting brings you many benefits:
How it works
Customer Stories
Don’t just take it from us!
Learn from the clients we’ve helped automate thier Bookkeeping and Trust Accounting
"Before Clearing, our financial management was a time-consuming and error-prone process. We were manually allocating revenue and expenses. We needed a solution that could automate and streamline our bookkeeping operations, improve our accounting accuracy, and free up our team to focus on what we do best - providing a unique and local experience for our guests. That's why we turned to Clearing."
“Clearing has revolutionized our financial management processes, providing us with an automated and streamlined bookkeeping and trust accounting solution. Once I found Clearing, I have completely replaced my home-grown solution and finally experienced the significant time savings and accuracy improvements in our bookkeeping and data reconciliation.”
“I love the use case you guys are solving for at Clearing. A much needed solution to what is an underrated problem in the STR space.”
“Clearing is a game changer to manage properties. Revenue and expenses are automatically allocated by unit and help me save hours of manual bookkeeping every month.”
What is trust accounting?
In simple words, trust accounting allows property managers to manage rent and booking payouts by homeowner (or any grouping) to better organize their finances and increase transparency with homeowners. Trust accounting avoids mingling funds from different owners in the same balance. A great trust accounting system will always help you to easily organize and track your finances as you scale your business.
How trust accounting fits in Clearing’s ecosystem
Sub Ledger
Zero balance accounts
payments
Can we help you answer any question?
At Clearing were happy to offer a free, consultative, demonstration of our product in action. This will show you exactly how we automate your bookkeeping and streamline Trust Accounting for Short-Term and Long-Term Rental businesses, or real estate investor.
Frequestly Asked Questions
Our FAQs page provides valuable insights and guidance, answering your questions about Short-Term Rental financial management, bookkeeping, trust accounting, and more.
Can I pay bills and homeowners with Clearing?
Yes, any domestic US bank account can be paid from Clearing via ACH.
Do I need to open multiple bank accounts with my current bank?
No, you can keep your existing bank account. Clearing partners with Evolve Bank & Trust to let you open virtual bank accounts.
Can I collect funds through Clearing?
Within Clearing, you can maintain a main balance of funds for each business that you own. This balance is stored with our banking partner Evolve Bank & Trust, Member FDIC and is insured up to $250,000. This balance can be attached to one or multiple zero-balance accounts that each have unique account numbers. You can provide each account number to any third party to send funds to you. Funds will flow directly into your main balance. Clearing is a Financial Technology Company and not a bank. Deposit Accounts are issued by Evolve Bank & Trust, Member FDIC.
What is trust accounting?
In simple words, trust accounting allows property managers to manage rent and booking payouts by homeowner (or any grouping) to better organize their finances and increase transparency with homeowners. Trust accounting avoids mingling funds from different owners in the same balance. A great trust accounting system will always help you to easily organize and track your finances as you scale your business.
We’re here to help!
Clearing has a dedicated staff that is focused on your success.
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Have a question?
