Clearing
About Clearing
Clearing is a trust accounting and automated bookkeeping solution tailored for STR operators. Property managers use Clearing to track their cashflow, manage their expenses, generate owner statements and pay homeowners & vendors.
What sets them apart
End-to-end automated trust accounting and bookkeeping built specifically for short-term rental operators, including integrated ACH payouts and deep integrations with PMSs, banks and accounting tools.
Key Capabilities
Automated bookkeeping and reconciliation by property; trust accounting with homeowner-specific balances
commission tracking and owner payouts; expense management with custom categories
automated allocation and vendor/bill payments; ACH payment execution to homeowners and vendors (payments initiated from platform); bank and credit card linking via Plaid and integrations with major banks; integrations with PMS platforms (Guesty
Hostfully
Hostaway
OwnerRez
etc.)
OTAs (Airbnb) and payment processors (Stripe
Authorize.net); QuickBooks Online synchronization and accountant portal; reporting and customizable owner statements
sub-ledger management
manual journal entries
split transactions and rules-based transaction categorization.
Company Information
Founded
2022
Headquarters
New York, USA
Company Size
11-50
Total Funding
Undisclosed (Pre-seed - Apr 2022)
Website
getclearing.coClearing Pricing
Pricing information not available
Visit website for pricingWhat Users Say
Overall sentiment for Clearing (getclearing.co) is positive: customers and industry write-ups praise the product for automating bookkeeping and trust accounting, saving substantial time, improving transaction matching accuracy, and providing clear owner/accountant portals. Key strengths cited are automated transaction categorization by property, trust accounting with separate homeowner balances, strong integrations with PMS and financial platforms, and material reductions in manual bookkeeping work. Common concerns are a learning curve for new users, perceived pricing for very small portfolios, and relatively few third-party software-review site listings (G2/Capterra/TrustRadius) at this time.
Need Help Choosing?
Book a free call to discuss if Clearing fits your needs.
Frequently Asked Questions
What is Clearing?
Clearing is a trust accounting and automated bookkeeping solution tailored for STR operators. Property managers use Clearing to track their cashflow, manage their expenses, generate owner statements and pay homeowners & vendors.
What features does Clearing offer?
Clearing key features include: Automated bookkeeping and reconciliation by property; trust accounting with homeowner-specific balances, commission tracking and owner payouts; expense management with custom categories, automated allocation and vendor/bill payments; ACH payment execution to homeowners and vendors (payments initiated from platform); bank and credit card linking via Plaid and integrations with major banks; integrations with PMS platforms (Guesty, Hostfully, Hostaway.
Does Clearing have an API?
Clearing API availability: Unknown.
Does Clearing have a mobile app?
Clearing mobile app availability: Unknown.