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September 2024: GuestWisely Vacation Rental Software Developments

Sep 30, 2024 | Product Updates & Feature Tips

At GuestWisely, we don’t just create software—we build solutions that make a real difference in the lives of our property managers. Every update we roll out is driven by your feedback, helping us fine-tune the platform to meet your day-to-day needs. 

This September, we’re excited to share some enhancements we’ve been working on that will give you more control, save you time, and keep your operations running smoothly.

Retainer Feature: A Smarter Way to Manage Contingency Funds

Ever had to set aside funds for unexpected expenses? With our new Retainer Feature, you’ll have a straightforward way to track and manage contingency funds from your owners. Whether it’s $500 or $1,000, these amounts will now automatically appear in your Trust Accounting and Payout Dashboard. No more juggling spreadsheets or guessing where the money is—everything is integrated, so you can stay organized with minimal effort.

retainer feature

Payout Dashboard: One View for Everything

What if you could see everything—owner funds, remittances, retainers—in one place? Now you can. Our new Payout Dashboard provides a real-time view of the funds you hold for each owner, streamlining payments and giving you clear visibility into your financials. Whether you’re using GuestWisely’s built-in accounting tools or integrating with QuickBooks or Xero, managing remittances has never been this smooth. One glance, and you know exactly where you stand.

payout dashboard

Locking Owner Statements

We know accuracy is crucial when dealing with finances. With our new Owner Statement Locking System, you’ll have 30 days to make any adjustments to owner statements—after that, they’re locked for good. But don’t worry, if you need to reconcile anything later, it will show up in the next month’s statement, keeping everything precise without the risk of unintended changes.

QuickBooks and Xero Integration: Get More Done, Faster

Tired of manually processing remittances? Our QuickBooks and Xero integrations now allow you to push remittance data with just one click, automating what used to take far too long. You can manage everything in one place and process payments in bulk, reducing the time spent on repetitive tasks. And this is only the beginning—we’re already planning more features to make your accounting even more seamless.

Designed to Empower Your Business

These updates aren’t just about new features—they’re about giving you the tools to run your business more efficiently and confidently. At GuestWisely, we’re always finding ways to improve your experience, making sure everything runs seamlessly and works exactly how you need it to.

If you have any ideas or questions, feel free to reach out to your Account Manager or email us at info@guestwisely.dev.

Not using GuestWisely yet? Book a demo and see how we can transform the way you manage your properties with our powerful accounting features and other tools tailored for professional property managers.

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