Airbnb and Host2024-07-04T20:34:17+00:00

Bookkeeping and Accounting for Airbnb Hosts

Need a bookkeeper and accountant for your Airbnb hosting venture? Let us manage your books so you can focus on providing unforgettable stays. Sign up today and receive a free month of bookkeeping, valued at C$345.

How Orbit Accountants Works with Your Airbnb Hosts

Get your bookkeeping, income tax prep, and filing done by experts—backed by a suite of integrated tools. From startups to established businesses, Orbit Accountants partners with growing businesses to provide comprehensive financial solutions.

We Get You Started

Our team dives deep into understanding your business, answers all your questions, links your accounts, and guides you in using Orbit Accountants efficiently.

We Manage Your Bookkeeping

Your dedicated bookkeeper categorizes transactions and prepares financial statements monthly, ensuring you’re always informed and compliant.

We Provide Tax-Ready Financials

With expertise in local tax regulations, we tailor our services to meet your business needs, providing you with ready-to-file financials

Here’s why airbnb hosts like you trust Orbit Accountants with their bookkeeping and accounting

Get Fast, Unlimited Support from Our Expert Advisors

We’ll reach out regularly with bookkeeping updates. Have pressing questions that can’t wait? Our expert advisors are here to help, and we guarantee a response within one business day or less. Enjoy peace of mind knowing you have unlimited support whenever you need it.

See Where You’re Spending. Make Smart Decisions

Say goodbye to piles of paperwork and time-consuming manual tracking—we automate inputs directly from linked accounts. With insights from one central dashboard, you can easily understand the health of your business and make strategic decisions with confidence.

Simplified Tax Season

Orbit’s year-end package comes equipped with everything needed for tax filing. By upgrading to our Premium service, you benefit from expert tax preparation, filing, and year-round advisory support, significantly lightening your load.

Bookkeeping for Airbnb Hosts

We know bookkeeping for Airbnb hosts. Orbit Accountants understands the unique complexities that come with managing multiple properties. From tracking variable expenses like cleaning and maintenance to understanding specific tax regulations such as the Schedule E form, our professionals are adept at managing these elements effortlessly. We provide a comprehensive financial picture of your hosting business, identifying costs, profits, and trends that could impact your bottom line, allowing you to be more strategic in your decisions and improve your financial performance.

Our expertise goes beyond basic bookkeeping. Orbit Accountants is well-versed in the specific laws and tax requirements associated with short-term rental properties. Understanding complicated issues like occupancy taxes, rental income taxes, and knowing when and how to deduct expenses on your tax return can be perplexing. We take care of these to ensure your business is tax compliant, saving you from costly penalties. Moreover, we’re able to assist with tricky Airbnb-specific issues such as the “14-day rule” that might affect your tax situation. Focus on providing excellent accommodation experiences while Orbit Accountants handles your books and taxes, understanding every corner of your financial life to maximize profits and minimize tax liabilities.

Flexible pricing options

We can tailor your package depending on your stage of growth

Starter

C$2,100 per year billed

C$175 /month*

Complimentary Xero &
Hubdoc Onboarding

Annual Financial
Reconciliation

Annual Tax Return

Suitable if:
  • You will maintain
    bookkeeping and
    reconciliations
  • You want support from a
    CPA for ad-hoc issues as
    they arise
Essential

C$4,140 per year billed

C$345 /month*

Includes all features of
Starter plus:

Quarterly Bookkeeping &
Reconciliation

Quarterly Financial
Statements

Sales Taxes

Suitable if:
  • You want your accounts to
    be maintained by a CPA
  • You have less than 20
    transactions per month
Growth

C$7,140 per year billed 

C$595 /month*

Includes all features of
Essential plus:

Monthly Bookkeeping &
Reconciliation

Monthly Financial
Statements

Sales Taxes

Suitable if:
  • You want your accounts to
    be maintained by a CPA
  • You operate in more than
    one currency
  • You have less than 50
    transactions per month
Professional

Starting at

 C$955 /month*

Includes all features of
Growth plus:

Accounts Receivable

Accounts Payable

Working Capital
Management

Budgeting and Forecasting

Suitable if:
  • You want a part time CPA
    for your business
  • You need help managing
    cash flow, preparing
    forecasts, budgets and
    nancial analysis

Frequently Asked Questions

What is Bookkeeping?2024-06-27T15:29:36+00:00

Think of bookkeeping as keeping your business’s financial diary. It’s all about recording every sale, purchase, and payment to keep things organized and easy to understand. By tracking these transactions, bookkeeping gives you a clear view of your business’s financial health, helping you make informed decisions and stay compliant with financial regulations. Plus, it makes tax time a breeze!

Why should I choose Orbit for business bookkeeping?2024-06-27T15:29:54+00:00

Choosing Orbit for business bookkeeping ensures that your financial records are in expert hands. Our team specializes in accounting bookkeeping and business bookkeeping, providing you with the insights you need to make strategic decisions.

Can Orbit scale their services as my business grows?2024-06-27T15:30:07+00:00

Absolutely. Our bookkeeping services are designed to scale with your business. Whether you’re just starting out or managing a growing enterprise, we have the right solution for you.

How much will it cost?2024-06-27T15:30:17+00:00

Our bookkeeping services are flexible and can be tailored to your specific needs. We offer a range of packages to suit different stages of business growth, ensuring you get the best value.

Why should I hire a bookkeeper?2024-06-27T15:29:43+00:00

Hiring a bookkeeper allows you to focus on your core business activities. Professional bookkeeping services ensure that your financial records are accurate and up-to-date, helping you make informed decisions.

What makes Orbit different from other accounting and bookkeeping firms?2024-06-27T15:30:00+00:00

Orbit stands out because we offer comprehensive bookkeeping services tailored to meet the unique needs of your business. Our team of experts ensures accuracy and compliance, giving you peace of mind.

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