Keeping track of finances can be tough for salons and beauty spas, especially if you are managing all of the accounts manually. 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.
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Odoo is an open-source accounting software that includes features such as invoicing, expense tracking, and inventory management. It is primarily aimed at small businesses and includes various other business tools.
- Invoicing
- Invoicing
- Expense tracking
- Inventory management
- Financial reporting
- Open-source platform with modular design for customization
- Comprehensive financial and project management
- Advanced CRM and eCommerce capabilities
- Steep learning curve for some users
- Limited customer support options
- Some users may find the interface too complex or cluttered
Pricing for Odoo starts at $31.10/month and moves up to $46.80/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$31.10/month
Pricing Plan 2:
$46.80/month
- Shopify
- Gmail
- FedEx
Wave is a free cloud-based accounting software that provides features such as invoicing, expense tracking, and accounting reports. It is primarily aimed at small businesses and freelancers.
- Invoicing
- Invoicing
- Expense tracking
- Accounting reports
- Credit card and bank account connections
- Completely free accounting software
- Easy receipt scanning and expense tracking
- Automated financial reports
- Limited features compared to other software options
- Some users may find the interface too simplistic or lacking in customization options
- Limited customer support options
Pricing for Wave starts at $0/month and moves up to $40/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$0/month
Pricing Plan 2:
$40/month
- Etsy
- Trello
- Dropbox
Xero is a revolutionary cloud-based accounting software that has transformed the way businesses manage their finances. With its user-friendly interface and comprehensive suite of features, Xero makes it easy for businesses of all sizes to manage their accounting processes efficiently and effectively.
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. The tool also enables businesses to set payment terms and automate payment reminders, reducing the risk of missed payments and improving cash flow.
Xero's inventory management feature is another standout tool that allows businesses to track their stock levels, sales, and purchase orders in real-time. With this feature, businesses can make informed decisions about inventory, avoid overstocks or shortages, and streamline their supply chain management processes.
Payroll processing is a critical function for businesses, and Xero makes it simple with its payroll feature. The tool automates payroll calculations, including employee salaries, taxes, and deductions, saving businesses time and ensuring compliance with relevant tax laws and regulations.
- Bills & Expenses
- Invoicing
- Inventory management
- Payroll
- Bank reconciliation
- User-friendly interface for small business owners
- Extensive third-party app integration
- Advanced inventory management
- Higher pricing for advanced features and multi-currency support
- Some users may find the interface too simplistic or lacking in advanced features
- Limited mobile app capabilities
Pricing for Xero starts at $13/month and moves up to $70/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$13/month
Pricing Plan 2:
$70/month
- HubSpot
- Stripe
- Shopify
Sage 50 is desktop accounting software aimed at small to medium-sized businesses. It includes features such as payroll and job costing, along with various other accounting features.
- Invoicing
- Accounting and financial management
- Payroll
- Inventory management
- Job costing
- Comprehensive accounting and financial management
- Advanced payroll processing and reporting
- Efficient inventory management
- Limited cloud-based capabilities and mobile access
- Some users may find the interface too complex or outdated
- Higher pricing for additional users and advanced features
Pricing for Sage 50 starts at $28.90/month and moves up to $76.65/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$28.90/month
Pricing Plan 2:
$76.65/month
- Bill.com
- Salesforce
- Google Drive
OneUp is a cloud-based accounting software aimed at small to medium-sized businesses. It includes features such as invoicing, inventory management, and financial reporting, along with various other accounting features.
- Invoicing
- Financial management
- Inventory management
- Invoicing
- Payment processing
- Comprehensive financial, inventory, and payment management
- Advanced CRM and project management
- Automated invoicing and payment processing
- Higher pricing for additional users and advanced features
- Limited customization options for certain features
- Limited customer support options
Pricing for OneUp starts at $9/month and moves up to $169/month pricing from there. You should connect with their team to learn more about the capabilities with each plan.
Best Fit For:
small and medium sized business
Free Trial Offered?
YES
NO
Pricing Plan 1:
$9/month
Pricing Plan 2:
$169/month
- Stripe
- Shopify
- Xero
