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Short-Term Rentals04 · Bookkeeping & Reporting

Keep clean books that show what's really happening — and stand up for taxes and lenders.

Separate before you track; reconcile before you report. Independent, software-agnostic financial clarity in a space owned by companies selling the software.

Start here →See the guides in order →

Start here · The flagship guide

The STR Bookkeeping Operating Manual

The definitive reference for the whole subject: why separation and reconciliation come first, how to structure the books for a short-term rental, and how to turn clean records into reports that guide real decisions.

Matt Nunn · 18 min read

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What it covers

  • The five-stage bookkeeping system
  • Why clean books protect your tax position
  • Reading a P&L, balance sheet & cash flow
  • Where every template & checklist fits

Start with the flagship above — everything else in Bookkeeping & Reporting supports it.

Supporting guides

The guides, in order.

In dependency order — Separate first, because everything clean books do is built on it.

  1. Separate

    Separate Banking & Accounts

    Without real separation nothing downstream is clean — and separateness gets harder to demonstrate.

  2. Structure

    The STR Chart of Accounts

    Categorize the books so every report means something.

  3. Record

    Recording Income & Expenses Correctly

    Net vs. gross payouts, platform fees, multi-property tracking.

  4. Reconcile

    Reconciliation & the Monthly Close

    The routine that makes every number trustworthy.

  5. Read

    Reading Your STR's Financials

    Turning clean books into decisions.

Decision guides

When there's a real choice.

Judgment calls, not how-tos — each weighs the options for your situation.

  1. Decision

    DIY, Bookkeeper, and Software

    Read the guide →
  2. Decision

    Should Each Property Have Its Own Books?

    Read the guide →
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