Quick Overview
- 1#1: Guesty - Comprehensive property management platform for short-term rentals featuring advanced accounting, financial reporting, and automated payouts.
- 2#2: Hostaway - All-in-one vacation rental software with robust financial dashboards, P&L statements, and multi-property accounting automation.
- 3#3: OwnerRez - Powerful reservation system with trust accounting, owner statements, and detailed expense tracking for vacation rental businesses.
- 4#4: Lodgify - Vacation rental management software with integrated invoicing, payment processing, and financial reporting tools.
- 5#5: Uplisting - Channel manager for AI rbnb and Vrbo hosts offering automated financial reconciliations and revenue analytics.
- 6#6: Smoobu - Multi-channel rental manager with automated billing, tax calculations, and exportable accounting reports.
- 7#7: YearEnd - Specialized bookkeeping and tax software designed for short-term rental hosts to track income, expenses, and Schedule E reporting.
- 8#8: Hospitable - Automation platform for vacation rentals providing financial overviews, payout tracking, and integration with accounting software.
- 9#9: iGMS - Vacation rental operations software with revenue management, dynamic pricing, and financial performance reports.
- 10#10: Stessa - Free real estate accounting tool for tracking rental income, expenses, and generating P&L statements for short-term properties.
We ranked tools based on their ability to deliver key features—such as automated reconciliations, detailed reporting, and multi-property tracking—alongside ease of use and overall value, ensuring they meet the diverse needs of hosts, from beginners to large property managers.
Comparison Table
Navigating vacation rental accounting software can be challenging, but this comparison table streamlines the process by featuring tools like Guesty, Hostaway, OwnerRez, Lodgify, Uplisting, and more. Readers will gain insights into key functionalities, pricing structures, and usability to identify the best fit for their unique rental management needs.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Guesty Comprehensive property management platform for short-term rentals featuring advanced accounting, financial reporting, and automated payouts. | specialized | 9.4/10 | 9.6/10 | 8.7/10 | 8.9/10 |
| 2 | Hostaway All-in-one vacation rental software with robust financial dashboards, P&L statements, and multi-property accounting automation. | specialized | 8.8/10 | 9.2/10 | 8.5/10 | 8.4/10 |
| 3 | OwnerRez Powerful reservation system with trust accounting, owner statements, and detailed expense tracking for vacation rental businesses. | specialized | 8.7/10 | 9.1/10 | 8.4/10 | 8.6/10 |
| 4 | Lodgify Vacation rental management software with integrated invoicing, payment processing, and financial reporting tools. | specialized | 7.6/10 | 7.4/10 | 8.5/10 | 7.2/10 |
| 5 | Uplisting Channel manager for AI rbnb and Vrbo hosts offering automated financial reconciliations and revenue analytics. | specialized | 8.2/10 | 7.9/10 | 8.5/10 | 7.7/10 |
| 6 | Smoobu Multi-channel rental manager with automated billing, tax calculations, and exportable accounting reports. | specialized | 8.1/10 | 7.9/10 | 8.6/10 | 8.4/10 |
| 7 | YearEnd Specialized bookkeeping and tax software designed for short-term rental hosts to track income, expenses, and Schedule E reporting. | specialized | 7.9/10 | 7.5/10 | 8.6/10 | 7.7/10 |
| 8 | Hospitable Automation platform for vacation rentals providing financial overviews, payout tracking, and integration with accounting software. | specialized | 7.8/10 | 7.5/10 | 9.0/10 | 7.4/10 |
| 9 | iGMS Vacation rental operations software with revenue management, dynamic pricing, and financial performance reports. | specialized | 7.1/10 | 6.8/10 | 8.2/10 | 7.5/10 |
| 10 | Stessa Free real estate accounting tool for tracking rental income, expenses, and generating P&L statements for short-term properties. | specialized | 7.2/10 | 6.8/10 | 8.5/10 | 9.5/10 |
Comprehensive property management platform for short-term rentals featuring advanced accounting, financial reporting, and automated payouts.
All-in-one vacation rental software with robust financial dashboards, P&L statements, and multi-property accounting automation.
Powerful reservation system with trust accounting, owner statements, and detailed expense tracking for vacation rental businesses.
Vacation rental management software with integrated invoicing, payment processing, and financial reporting tools.
Channel manager for AI rbnb and Vrbo hosts offering automated financial reconciliations and revenue analytics.
Multi-channel rental manager with automated billing, tax calculations, and exportable accounting reports.
Specialized bookkeeping and tax software designed for short-term rental hosts to track income, expenses, and Schedule E reporting.
Automation platform for vacation rentals providing financial overviews, payout tracking, and integration with accounting software.
Vacation rental operations software with revenue management, dynamic pricing, and financial performance reports.
Free real estate accounting tool for tracking rental income, expenses, and generating P&L statements for short-term properties.
Guesty
specializedComprehensive property management platform for short-term rentals featuring advanced accounting, financial reporting, and automated payouts.
Automated multi-owner payout system with detailed statements and tax withholding
Guesty is a leading all-in-one property management platform for vacation rentals, with robust accounting features that automate invoicing, payment processing, and financial reporting tailored to short-term rentals. It offers detailed profit and loss statements, occupancy analytics, tax compliance tools, and automated owner payouts across multiple properties. Seamless integrations with channels like AI rbnb and Booking.com, plus accounting software like QuickBooks, make it ideal for scaling financial operations without manual data entry.
Pros
- Comprehensive financial reporting including P&L, cash flow, and tax summaries
- Automated invoicing, payments, and multi-owner payouts
- Deep integrations with OTAs and accounting tools for seamless data sync
Cons
- High pricing better suited for portfolios with 10+ properties
- Steep learning curve due to extensive feature set
- Less ideal as a standalone accounting tool without full PMS adoption
Best For
Professional property managers and agencies with mid-to-large vacation rental portfolios needing integrated accounting and operations.
Pricing
Custom quote-based pricing; starts at ~$59/month for small portfolios (up to 5 properties), scales to 2-4% of bookings or flat fees for enterprises.
Hostaway
specializedAll-in-one vacation rental software with robust financial dashboards, P&L statements, and multi-property accounting automation.
Automated multi-owner payout distribution with detailed, customizable statements directly from booking data
Hostaway is an all-in-one vacation rental management platform with integrated accounting tools designed for property managers handling multiple listings. It automates invoicing, payment processing via gateways like Stripe, and generates real-time financial reports including P&L statements, revenue analytics, and owner payout summaries. The software supports multi-currency transactions, tax calculations (e.g., VAT, occupancy taxes), and expense tracking, syncing seamlessly with OTAs like AI rbnb and Vrbo for accurate revenue reconciliation.
Pros
- Seamless integration of accounting with PMS and channel management
- Real-time P&L, revenue reports, and automated owner statements
- Multi-property, multi-currency support with tax automation
Cons
- Lacks depth in advanced general ledger or payroll without third-party integrations
- Steep learning curve for complex setups
- Pricing scales quickly for high-volume users
Best For
Mid-sized vacation rental managers with 10+ properties seeking integrated operational and financial management.
Pricing
Custom quotes starting at around $100-200/month per property, scaling with listings, bookings, and advanced features; demo required.
OwnerRez
specializedPowerful reservation system with trust accounting, owner statements, and detailed expense tracking for vacation rental businesses.
Automated occupancy tax engine that dynamically calculates, collects, and reports complex local taxes per reservation
OwnerRez is an all-in-one vacation rental management software with robust built-in accounting features designed for property owners and managers. It automates invoicing, guest payments, tax collection (including occupancy taxes), owner payouts, and generates detailed financial reports like profit/loss statements and owner summaries. The platform integrates booking data from channels like AI rbnb and VRBO directly into its accounting system, eliminating manual data entry.
Pros
- Automated tax calculation and collection for multiple jurisdictions
- Seamless integration with QuickBooks, Xero, and payment processors like Stripe
- Comprehensive reporting including owner statements and P&L breakdowns
Cons
- Full PMS suite may overwhelm users needing only accounting
- Pricing scales steeply with property count
- Limited advanced multi-entity accounting for large portfolios
Best For
Small to mid-sized vacation rental owners/managers seeking integrated booking-to-accounting automation.
Pricing
Free for 1 property; Starter $35/mo (up to 4 properties); Professional $65/mo (up to 20); Enterprise custom.
Lodgify
specializedVacation rental management software with integrated invoicing, payment processing, and financial reporting tools.
OTA Payout Manager that automatically reconciles commissions and fees from multiple channels into clean financial data
Lodgify is a vacation rental property management system with integrated accounting tools designed for short-term rental owners and managers. It excels in tracking revenue from direct bookings and OTAs like AI rbnb and Booking.com, automating payout reconciliation, and generating financial reports such as profit/loss statements and tax summaries. While it integrates seamlessly with QuickBooks and Xero for deeper accounting, its native features focus on rental-specific financials rather than full general ledger capabilities.
Pros
- Automated OTA payout reconciliation for accurate revenue tracking
- Customizable financial reports including P&L and occupancy analytics
- Seamless integrations with QuickBooks, Xero, and Stripe for expanded accounting
Cons
- Limited native expense tracking and categorization
- No built-in double-entry bookkeeping or advanced invoicing for non-rental expenses
- Pricing scales with properties, which may feel high for accounting-only users
Best For
Small to medium vacation rental managers seeking integrated revenue accounting within a full PMS rather than a dedicated accounting tool.
Pricing
Starts at $17/month (Starter, 1 property), $40/month (Essentials, up to 4 properties), $80+/month (Advanced, unlimited); billed annually with add-ons for extras.
Uplisting
specializedChannel manager for AI rbnb and Vrbo hosts offering automated financial reconciliations and revenue analytics.
Automated revenue recognition and P&L generation directly from multi-OTA bookings
Uplisting is a vacation rental property management software (PMS) with built-in accounting tools designed for short-term rental hosts managing multiple properties. It syncs bookings and revenue from platforms like AI rbnb, Vrbo, and Booking.com, generates profit and loss statements, owner payouts, and basic financial reports. While it handles core accounting tasks like revenue tracking and invoicing, it functions primarily as an all-in-one PMS rather than a dedicated accounting solution.
Pros
- Seamless multi-channel revenue syncing and automated P&L reports
- Integrated owner statements and payout automation via Stripe/Wise
- User-friendly dashboard combining accounting with operations and bookings
Cons
- Accounting features are secondary to PMS tools, lacking deep tax compliance or advanced reconciliations
- Pricing scales per property, which can get expensive for larger portfolios
- No native integrations with major accounting software like QuickBooks or Xero
Best For
Small to mid-sized vacation rental owners who want integrated accounting within a full PMS without needing specialized financial software.
Pricing
Starts at $25 per property/month (Professional plan, min. 3 properties); Advanced plan at $40/property/month; custom enterprise pricing.
Smoobu
specializedMulti-channel rental manager with automated billing, tax calculations, and exportable accounting reports.
Automated P&L statements and tax reports generated directly from multi-channel booking data
Smoobu is an all-in-one vacation rental management platform with integrated accounting tools designed for short-term rental hosts and property managers. It automates invoicing, payment processing, and financial reporting, pulling data directly from bookings across major channels like AI rbnb and Booking.com. Key accounting features include profit and loss statements, tax reports, multi-currency support, and expense tracking, making it suitable for handling rental finances without needing separate software.
Pros
- Seamless integration of bookings with automated invoicing and payments
- Comprehensive financial reports including P&L, occupancy, and tax summaries
- User-friendly interface with mobile app support for on-the-go accounting
Cons
- Lacks advanced accounting features like full general ledger or payroll integration
- Some reporting customizations require higher-tier plans
- Primarily geared toward European markets with limited U.S. tax-specific tools
Best For
Small to medium-sized vacation rental owners or managers who want integrated accounting within a property management system without complex setup.
Pricing
Free for 1 listing; paid plans start at €29/month (Starter, up to 3 listings), €49/month (Pro, up to 10), with annual discounts and custom Enterprise options.
YearEnd
specializedSpecialized bookkeeping and tax software designed for short-term rental hosts to track income, expenses, and Schedule E reporting.
AI-powered automatic categorization of expenses from bank transactions and rental platforms into tax-compliant P&L reports
YearEnd is a specialized accounting solution tailored for vacation rental owners, automating profit and loss (P&L) statements by integrating directly with platforms like AI rbnb, Vrbo, Booking.com, and payment processors such as Stripe. It uses AI to categorize income and expenses from bank feeds and rental data, generating tax-ready reports for Schedule E and quarterly taxes. While not a full double-entry bookkeeping system, it excels at simplifying year-end reporting and financial insights for short-term rental hosts.
Pros
- Seamless integrations with major vacation rental platforms and banks for automated data import
- AI-driven expense categorization and customizable P&L reports
- Tax-optimized outputs like Schedule E forms and quarterly estimates
Cons
- Lacks full accounting features like invoicing, payroll, or AP/AR management
- Manual entry required for non-integrated expenses
- Pricing scales up quickly for multi-property portfolios
Best For
Small to mid-sized vacation rental hosts focused on simplified P&L reporting and tax prep rather than comprehensive bookkeeping.
Pricing
Starts at $19/month (Starter: 1 portfolio), $49/month (Pro: 5 portfolios), up to $99/month (Enterprise: unlimited); annual discounts available.
Hospitable
specializedAutomation platform for vacation rentals providing financial overviews, payout tracking, and integration with accounting software.
Automated multi-OTA revenue reconciliation that generates accurate P&L statements without manual data entry
Hospitable is a vacation rental management platform with integrated accounting features designed for short-term rental hosts managing properties on AI rbnb, Vrbo, and other channels. It automates revenue tracking by syncing payouts, generating profit and loss (P&L) statements, occupancy reports, and tax-ready documents like 1099 forms. While it provides a unified financial dashboard and integrations with QuickBooks and Xero, its accounting tools are embedded within broader operations management rather than functioning as a standalone solution.
Pros
- Seamless multi-channel payout syncing and automated P&L reports
- Intuitive dashboard for quick financial overviews
- Strong integrations with accounting software like QuickBooks and Xero
Cons
- Limited native expense tracking and categorization
- Accounting depth is secondary to messaging/pricing tools
- Pricing scales per property, which can get costly for large portfolios
Best For
Small to mid-sized vacation rental hosts who want basic accounting alongside channel management and automation without needing advanced bookkeeping.
Pricing
Starts at $29/month (Essentials for up to 2 listings), $89/month (Pro for up to 10), up to $299+/month for larger portfolios; annual discounts available.
iGMS
specializedVacation rental operations software with revenue management, dynamic pricing, and financial performance reports.
Real-time multi-OTA revenue consolidation into unified financial reports
iGMS is a vacation rental property management software with integrated accounting tools designed for short-term rental hosts and managers. It excels in syncing bookings and revenue from multiple channels like AI rbnb and Booking.com, generating financial reports on occupancy, payouts, and profitability. While it offers automated invoicing and basic financial tracking, it relies on integrations for advanced accounting needs like full bookkeeping or tax compliance.
Pros
- Seamless multi-channel revenue syncing and automated payout tracking
- User-friendly financial dashboards and occupancy reports
- Strong integrations with QuickBooks, Xero, and Stripe for accounting workflows
Cons
- Lacks native double-entry accounting or advanced tax calculations
- Financial features are secondary to core PMS functions
- Reporting depth insufficient for complex multi-property portfolios
Best For
Small to mid-sized vacation rental managers needing basic revenue tracking integrated with property operations.
Pricing
Starts at $20/month for up to 3 listings, scales to ~$2 per additional property/month; free tier for 1 listing with limitations; enterprise custom pricing.
Stessa
specializedFree real estate accounting tool for tracking rental income, expenses, and generating P&L statements for short-term properties.
Fully automated, bank-synced bookkeeping that's free forever for any rental portfolio size
Stessa is a free accounting platform tailored for real estate investors and landlords managing rental properties, including vacation rentals via integrations with AI rbnb, Vrbo, and Booking.com. It automates bookkeeping by syncing bank accounts, categorizing expenses, and generating tax-ready financial reports and performance dashboards. While strong in core accounting, it lacks advanced vacation rental-specific tools like dynamic pricing or housekeeping management.
Pros
- Completely free for unlimited properties and accounts
- Seamless integrations with major short-term rental platforms
- User-friendly dashboards for income/expense tracking and performance metrics
Cons
- Limited features for vacation rental operations beyond basic accounting
- No built-in property management system (PMS) or channel manager
- Reporting lacks depth for complex short-term rental scenarios like variable fees
Best For
Real estate investors with vacation rentals who need simple, cost-free accounting without full PMS capabilities.
Pricing
Free for core accounting and unlimited properties; optional paid add-ons for advanced tax services.
Conclusion
Selecting the best vacation rental accounting software depends on balancing features like financial reporting, automation, and integration, with Guesty emerging as the top choice for its comprehensive property management and advanced accounting tools. Hostaway and OwnerRez are strong alternatives—Hostaway for its all-in-one financial dashboards and multi-property automation, and OwnerRez for its trust accounting and detailed expense tracking—each catering to different operational needs. Regardless of the option, the reviewed tools offer essential solutions to streamline rental finances, making them key for efficient management.
Don’t miss out on optimizing your vacation rental business—try Guesty today to experience its robust accounting capabilities and simplify your financial workflows.
Tools Reviewed
All tools were independently evaluated for this comparison