Trust Accounting

Widely regarded as the leading integrated solution for Strata Title and Serviced Apartments, GuestCentrix Trust Accounting is deployed alongside the GuestCentrix Property Management System to seamlessly manage the distribution of payments to Owners, Managers & Suppliers.

Trust Accounting is fully featured and straightforward to use. It allows for multiple hotels to be configured for each account and can be centrally managed in a multiple hotel environment. 

All payments into the Trust Account are recorded and distributed to the strata Owner after expenses are deducted. Fair distribution of room bookings and the daily tracking of room utilitisation eliminate the need for users to waste time on excessive manual checks and balances.

GuestCentrix Trust Accounting includes facilities such as standing monthly charges, FF&E accounts and supports multiple hotel rooms per strata unit. Comprehensive owners statements accurately detail the current months activity, overall account status, and the status of the strata units FF&E account.

A provisional ledger details eligible revenue from PMS, prior to transfer to the Trust Ledger. You can apply automatic expenses against each nights stay, such as for Housekeeping, and /or apply charges at month end to each Room. Owners statements and a schedule of owners payments are readily available, with full audit trails.

A simple and logical balancing process at the end of each month includes a Three Way Balance report and electronic processing of Owner payments.