Leader in integrated solutions
CMS Hospitality Trust Accounting is widely regarded as the industry leader in integrated solutions for Strata Title and Serviced Apartments.
Trust Accounting offers a powerful yet user friendly owner accounting solution ensuring revenues are always paid accurately to owners and managers. Trust Accounting properties (hotel or apartment complex) have unique revenue management needs.
The property development is financed by the sale of each lot, unit or strata (in other words “the room”) to private or outside investors. The daily revenue from the unit is split between the owner (investor) and the manager (hotel operator). As the industry leader in trust accounting solutions, CMS Hospitality PMS and Trust manages this style of property with ease.
Key Features 1
- Unlimited contract types can be configured in a single property
- Different owner revenue rules for different strata
- Owner revenue can be shared (pooled) by unit entitlement or % of actual revenue
- Contract type changes easily handle contract amendments or updates
- Multiple owners per strata or room, with revenue split options available
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Key Features 2
- Room move tracking for accurate revenue recording when guests move rooms
- Costs easily attributed to owner or manager for FF&E
- Costs easily attributed to owner or manager for Advertising
- Highly configurable owner statements
- Easy to use daily vs monthly tasks with regular 3-way balance checks
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