Clearing
Clearing is an AI-powered trust accounting and bookkeeping automation platform built for Short-Term Rental operators. Property managers use Clearing to reconcile reservation revenue, streamline expense management, and generate clean owner, management, and cohost financial statements - closing their books faster with full financial clarity.
Description
With Clearing, property managers can automate the reconciliation of bank deposits by reservation, manage expenses through powerful AI-based categorization, and generate clean owner, management, and cohost financial statements/reports. The platform intelligently pulls in transactions, receipts, and invoices, allocates them accurately, and streamlines reconciliation - eliminating the need for manual spreadsheets.
Clearing also supports complete payment workflows with built-in portals and ACH capabilities (standard, same-day, and next-day) to pay owners and vendors. Designed to maintain true trust accounting, funds are tracked by property, category, and stakeholder, with robust reporting for distributions to owners, managers, tax authorities, and more. Role-based access ensures accountants, bookkeepers, and homeowners can securely view the financial data relevant to them - maintaining transparency without compromising control. Owners can be invited to access their own portal to review financial statements, reservations and reporting. Vendors can also be invited to their own portal to create and submit invoices to pay.
Clearing has gained recognition and praise from industry experts, as evidenced by their partnerships with industry leaders and positive customer stories. By using Clearing, property managers can automate their financial operations, improve accounting accuracy, and have more time to focus on providing exceptional experiences for their guests.
Media
Features
Trust Accounting & Bookkeeping Automation
Clearing is purpose-built for STR operators to manage trust accounting, automate bookkeeping, and streamline expense management in one modern platform. Accurately segment and track every dollar by owner, property, building, management company, tax category, and vendor so you always know more about the funds you’re holding, what’s owed, and where every transaction belongs. Clearing also automates booking-to-bank reconciliations, income and fee categorization, property-level allocations, and expense workflows, resulting in streamlined financial operations and cleaner reporting for every property and owner.
Expense Management
Streamline your workflows with expense categorization automation, receipt capture, and precise property-level allocations. Powered by AI, Clearing ensures expenses flow cleanly into your trust accounting and reporting, giving you clarity and confidence at month-end. It also captures reimbursable expenses automatically and prevents expense leakage from impacting your business's bottom line.
Owner & Vendor Payments
Send accurate payments to owners and vendors with built-in ACH options including standard, next-day, and same-day transfers. Clearing’s vendor portal centralizes invoice submission and status tracking, while automated invoice bookkeeping, receipt creation, and reimbursable expense handling keep everything tied to the correct property and stakeholder for clean, audit-ready financials.
Testimonials
Reviews
FAQ
Simply put, Clearing is an AI-powered trust accounting and bookkeeping automation platform built for Short-Term Rental operators. Property managers use Clearing to reconcile reservation revenue, streamline expense management, and generate clean owner, management, and cohost financial statements - closing their books faster with full financial clarity.
Yes, absolutely - the length is dependant on the number of properties managed. Our onboarding is designed to train you on how to use Clearing most effectively.
Yes - we access the ACH network to process same-day, next-day, or standard ACH payments.
Yes, absolutely!
Clearing is a purpose built software for STR property managers. While we don't provide services, many of the leading accounting firms in the STR space use Clearing behind the scenes to help manage the trust accounting of their clients. Learn more about our service partnerships through our website, or let us introduce you today!
