V12.NET® Accounting

The most powerful and complete web-based accounting system in the Vacation Rental industry

The accounting system in V12.NET® is the most dynamic system in the Vacation Rental industry. Manage all of your accounting needs securely from anywhere you have Internet connection.

Benefits:

• No need for additional accounting software such as QuickBooks
• Full and accurate reporting to make informed business decisions
• Download reports to multiple formats for easy analysis (MS Excel, PDF, CSV, HTML)
• Comprehensive owner statements and online owner access
• Safe and secure credit card integration
• Direct deposit for homeowners (ACH)
• Accounting consolidation and multi office accounting flexibility

V12.NET Includes the Following Accounting Features:

• Business accounting
• Trust (Escrow) accounting
• General ledger accounting
• Double entry accounting
• Travel agent accounting
• Accounts payable
• Recurring owner charges
• Variable commission structures
• Combine or split owner balances for partner ownership
• Combine multiple properties for consolidated owner statements
• Bank reconciliation
• Rental revenue recognition based on arrival, departure, occupancy or when payment is received
• Trip insurance payments and disbursements
• E-check acceptance capability
• End of year IRS reporting
• Balance sheet reports
• Journal reports
• Income statement reports
• Invoice payment flexibility
• Post reservation folio and owner balances to accounts receivable