The most powerful and complete web-based accounting system in the hospitality industry. V12.NET’s accounting system is the most dynamic system in the Vacation Rental industry. Manage all of your accounting needs (except payroll) securely from anywhere you have Internet connection. V12.NET comes with full Rental Business Accounting, Trust (Escrow) Accounting, General Ledger Accounting, Double Entry Accounting, Owner Accounting, Tour Operator Accounting, Travel Agent Accounting, and HOA Accounting. Imagine having all of those capabilities integrated in one central location.
V12.NET has the most comprehensive accounting functions of any solution for the Vacation Rental industry.
Some of the Benefits You’ll Enjoy with V12.NET’s Online Accounting Functionality:
- No need for additional accounting software such as QuickBooks
- Full and accurate reporting capabilities
- Easy to manage your books and make informed business decisions
- Download reports to multiple formats for easy analysis (MS Excel, PDF, CSV, HTML, and more)
- Impress your owners with professional looking owner statements and online owner access
- Save time with full credit card integration
- Direct deposit for homeowners (ACH)
V12.NET Includes the Following Accounting Features:
- Business Accounting
- Trust (Escrow) Accounting
- General Ledger Accounting
- Double Entry Accounting
- Owner Accounting
- Tour Operator and Travel Agent Accounting
- HOA Accounting
- Accounts Payable
- Vendor Payables
- Multiple Payment Schedules/Recurring Charges
- Variable Commission Structures
- Check Writing
- Combine or Split Owner Balances for Syndicate Ownership
- Post Deposits and Prepaid Rent
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- Bank Reconciliation
- Direct Deposit (ACH)
- Trip Insurance Payments and Disbursements
- Credit Card Interface for Verification and Processing
- Preferred Credit Card Processing Rates
- E-checks
- Tax Calculation (Including State and Local)
- End of Year IRS Reporting
- Balance Sheet Reports
- Journal Reports
- Income Statement Reports
- Professional Looking Owner Statements
- Folio Diagnostics to Ensure Accuracy of Folios
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