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SherpaLedger

The accounting back office your STR business runs on.

Management fees, direct-booking fees, trust reconciliation, owner distributions, and portfolio P&L — calculated to your rules, reconciled to your books, and ready to export.

The operator-side financial engine behind every owner statement SherpaFolio sends.

Built for STR operators who hold owner money in trust and owe a clean, defensible number every month. If closing the books means exporting QuickBooks, the PMS, and three spreadsheets, this replaces the spreadsheets.

What's inside

Fees, trust, distributions, and P&L — reconciled, not re-keyed.

Management fees

Every management fee, calculated to your rules.

Short-term revenue at your PM rate, long-term revenue at the LTR rate — computed per property, every month, with owned and managed units kept separate. No spreadsheet formulas to copy down, no fee you forgot to invoice.

  • STR revenue at the PM fee rate, LTR revenue at the LTR rate — per property
  • Owned vs managed split, so your own units don't inflate the fee take
  • Approve, track paid vs unpaid, and export the month to CSV

Direct booking fees

Direct-booking fees, owned and managed, never missed.

A 5% fee on direct-booking revenue (net cash plus cleaning), tracked property by property with a running view of what's approved, what's a liability, and what's actually been paid.

  • Fee basis you can see: net cash + cleaning, per property, per month
  • Owned units flagged as a liability, managed units auto-approved
  • Payments meter shows collected vs outstanding at a glance

Trust accounting

Trust reconciliation that actually balances.

Money you hold for owners is tracked as its own ledger — what's been earned, what's already been distributed, and what's still sitting in trust — reconciled per property so the number in the bank matches the number you owe.

  • To-distribute, revenue earned, already-distributed, and total-in-trust at the top
  • Per-property reconciliation with pending and balanced statuses
  • Clawbacks and adjustments flow through the ledger with a paper trail

Owner distributions

Know exactly what every owner is owed.

Expected distribution rolls net income, contributions, and prior distributions into a single number per owner — and reconciles it against the actual bank balance, so nobody gets paid twice and nobody gets shorted.

  • Cumulative net income, contributions, and distributions per property
  • Expected distribution vs the real bank balance, side by side
  • The month's owner payout, computed — not eyeballed from a spreadsheet

P&L summary

Portfolio P&L, owner by owner, on demand.

A consolidated profit-and-loss view across the portfolio — revenue and expenses rolled up so you and your accountant can close the month without exporting three systems into Excel first.

  • Revenue and expense roll-up across every property
  • Owner-level detail without losing the portfolio picture
  • Built to reconcile to your books, not around them

Integrations

Reads from your PMS and OTAs, reconciles to QuickBooks.

  • QuickBooks Online
  • Stripe
  • Uplisting (PMS)
  • Airbnb
  • VRBO
  • Booking.com
  • Bank feeds
  • CSV / Excel export

Close your books on SherpaLedger.

30-minute demo. Bring a recent month and we'll show you the fees, trust reconciliation, and owner distributions it would produce — reconciled to your bank balance.

Waitlist

Join the waitlist — we onboard operators in small batches, and you'll hear first when a seat opens.