Choosing the right accounting software can help you stay on top of your finances, streamline processes, and alleviate stress from your day-to-day operations. In this article, we will explore the 5+ best accounting software options for salons and beauty spas, so that you can find the perfect solution for your business. The platform also offers comprehensive reporting tools that give salon owners insights into their financial performance. These reports can help identify trends, track profitability, and make informed business decisions. Managing finances as a salon owner can feel like juggling a dozen tasks at once—each with its own unique set of challenges.

These allow you to manage employee schedules, track their hours, and even calculate their pay, all within the same platform. By providing additional payment options, the best salon accounting software can help salon owners increase customer satisfaction and potentially boost their revenue. Best salon accounting software provides an all-in-one solution for your inventory management needs, allowing you to manage your products effectively and predict future needs.

• There is no monthly fee for the majority of its features, enabling professionals to run their businesses end-to-end at no cost.
• Intuitive dashboards offer quick access to key financial data, while clear navigation menus make it simple for users to find the essential functions.
• The main takeaway of bookkeeping for your hairdressing business is keeping good records and staying organized.
• If simplicity and accessibility are your top priorities, look no further than FreshBooks or Wave Accounting.
• This article was composed by a member of our staff who interviewed our experts to get the facts straight.

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Boasting over 300,000 satisfied small business customers, FreshBooks is likely the most widely used accounting software out there. With abundant tutorials and responsive 24/7 customer support, it’s a great choice if you want an easy-to-use yet powerful bookkeeping solution. Vencru integrates with secure payment gateways, allowing your clients to pay for your salon services and products conveniently.

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Having your own business bank account can also help you accounting software for hairdressers protect your personal identity. If fraudulent activity is reported, it will be harder to steal your identity if you have two separate accounts. Etsy is no longer supporting older versions of your web browser in order to ensure that user data remains secure. The developer, David Manske, indicated that the app’s privacy practices may include handling of data as described below.

My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality. Barcode scanning capabilities simplify inventory counts and reduce errors. Some systems integrate with point-of-sale devices for seamless sales and inventory updates.

Bookkeeping: Income and Expenses

Wave Accounting is an excellent free software option for small-business proprietors. This cloud-based financial and accounting software is simple to use and engaging, even for people with little prior accounting knowledge, while being completely effective. To steer your beauty salon business toward growth, insightful financial reports play a crucial role.

While SlickPie offers many benefits, it’s worth noting that invoice customization options are somewhat limited. Salons looking for highly personalized invoices may find this aspect restrictive. We’d like to help you find your way through this maze; we spell it out in plain ol’ English and remind you when it’s time to pay. Integrate FreshBooks with 100+ apps to take control of your salon’s accounting and customize your FreshBooks experience.

ZarMoney’s sales tax feature ensures that your business complies with tax regulations, reducing stress during tax season. Without this feature, you risk inaccurate tax calculations, leading to potential legal and financial repercussions. ZarMoney’s automatic expense recording feature simplifies the task by accurately recording all business expenses, ensuring you don’t miss any tax deductions, and omitting the burden during tax time. This feature improves the client experience and accelerates payment cycles, ensuring prompt payments. Thus, ZarMoney ensures you stay on top of your receivables, helping your salon business maintain a healthy cash flow.

Best Salon Accounting Software in 2024

As one of the salon software solutions integrated with Square, Square Appointments is a flexible and affordable application that lets you get more work done for your business. Learn how it compares to other salon software on the market by checking out this post. Ideal for beauty therapists, trainers, and wellness practitioners, the Mindbody app has over 1.9 million active users and a wealth of tools and resources to help grow businesses. The information provided on this website (the “Site”) is for general informational purposes only and should not be construed as legal advice. While we strive to ensure the accuracy, validity, and reliability of the information on the Site, we cannot guarantee its completeness or availability.

• Vencru’s inventory management feature provides real-time tracking, so you’re always aware of your product stock levels.
• One of the standout features of Xero is its invoicing tool, which allows businesses to create professional-looking invoices that are fully customizable with their branding.
• For a complete all-in-one accounting and insights system purpose-built for beauty professionals, GlossGenius stands unmatched.
• Timely is an all-in-one solution with capabilities for scheduling client administration, strong financial records, and reporting tools.
• ZarMoney allows salons to accept ACH payments, ensuring a smooth and convenient client payment experience.

Additionally, our software includes quarterly tax preparation, simplifying the tax filing process and helping you manage important deadlines. As an all-in-one system built specifically for salons and spas, Mangomint also offers a wealth of effective financial tools – from payroll processing to custom sales analysis reporting. The software receives rave reviews for its beautiful and intuitive interface design.

Keep track of stock levels, monitor product performance, and streamline your salon software sales process to ensure smooth operations and maximize revenue. Switching things up, Phorest is salon management software hailing from Europe. But with over 15,000 spas/salons served, they offer tons of global capabilities.

ZarMoney is a comprehensive, feature-rich salon accounting software solution that caters to the diverse needs of salons, spas, and wellness businesses. You have all of the tools that you’d expect from a salon and spa management program. Still, Sage Accounting also has convenient features such as time tracking, invoicing, inventory management, and more. With this, you can manage your finances, calculate your income, and automate your payroll.

Salon accounting packages are also great for managing employee schedules, ordering supplies online, and much more. So I created the list of best salon accounting software on the market today. Client management, self-booking, a staff app, and an integrated POS solution are just some of Boulevard’s handy features.

How can salon accounting software assist with employee scheduling?

Salon Iris provides reporting and analytics features, giving salon owners insights into their business performance. These reports can help identify trends, popular services, and areas for improvement. Wave Accounting’s cloud-based nature enables salon owners to access their financial data from anywhere, facilitating remote management and decision-making. Wave also offers payroll services in some regions, which can be beneficial for salons with employees. With its 24/7 customer support and extensive tutorials, FreshBooks ensures that salon owners can quickly resolve any issues and make the most of the software’s features.