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Best Hotel Accounting Software in 2024
Product | Promotion | Learn more | ||
---|---|---|---|---|
QuickBooks Online Learn more on QuickBooks Online's secure website | 5.0/5 Best for Accounting software for boutique hotels | $35/month Additional pricing tiers (per month): $65, $99, $235. | 50% off for first three months or free 30-day trial. | Learn more on QuickBooks Online's secure website |
Sage Intacct Learn more on Sage Intacct's secure website | Best for Accounting software for growing hotel enterprises | N/A Quote-based. | N/A | Learn more on Sage Intacct's secure website |
Xero Learn more on Xero's secure website | 5.0/5 Best for Accounting software for small hotel chains | $15/month Additional pricing tiers (per month): $47, $80. | 95% off for 3 months plus get a $300 Amazon voucher (terms apply). | Learn more on Xero's secure website |
M3 | Best for Overall hotel accounting software | N/A Quote-based. | N/A | |
Cloudbeds | Best for Hotel management software for small hotels | N/A Quote-based. | N/A |
Our pick for
Accounting software for boutique hotels
QuickBooks Online
on QuickBooks Online's secure website
Additional pricing tiers (per month): $65, $99, $235.
for first three months or free 30-day trial.
Pros
- Easy to share information with your accountant and to find QuickBooks experts and online resources if needed.
- More than 750 app integrations.
- Robust feature set includes record-keeping, reporting, invoicing and inventory management, plus a capable mobile app.
- Chat and phone support available Monday through Saturday in all plans.
Cons
- Expensive compared with the competition.
- Frequent price increases and a tendency toward upselling.
- Limited account users with each plan.
Our pick for
Accounting software for growing hotel enterprises
Sage Intacct
on Sage Intacct's secure website
Quote-based.
Pros
- Automation features streamline financial processes.
- Customizable reports and dashboard enhance business insights.
- Consolidates many functions, like billing, invoicing, cash flow management payroll and HR, within a single product.
Cons
- Quote-based pricing makes it difficult to compare with competitors.
- Not suitable for small businesses that don’t plan to grow.
Our pick for
Accounting software for small hotel chains
Xero
on Xero's secure website
Additional pricing tiers (per month): $47, $80.
plus get a $300 Amazon voucher (terms apply).
Pros
- Unlimited users in all pricing plans.
- Integrates with more than 1,000 third-party apps.
- Feature set includes an excellent mobile app and suite of reports, capable invoicing features, plus automated bill and receipt capture through Hubdoc.
- Simple layout and easy to use.
Cons
- No phone number for customer support listed.
- Entry-level plan limits bills and invoices to five and 20 per month, respectively.
Our pick for
Overall hotel accounting software
M3
Quote-based.
Pros
- Designed specifically for the hospitality industry.
- Additional software options for labor management and business insights.
- Accounting functions included in software — no accounting integrations needed.
- Offers teams of accountants to handle part or all of your hotel accounting (at an additional cost).
- Implementation, training and ongoing support available.
Cons
- Lack of pricing transparency.
Our pick for
Hotel management software for small hotels
Cloudbeds
Quote-based.
Pros
- Designed specifically for the hospitality industry.
- Includes a full suite of features and functions for end-to-end property management.
- Offers a marketplace with dozens of third-party software integrations.
- Customer support includes 1:1 onboarding, 24/7 live chat and email and online knowledgebase.
Cons
- Lack of pricing transparency.
- Requires integration with third-party software for accounting functionality.
NerdWallet’s picks for the best hotel accounting software
M3
Cloudbeds
QuickBooks Online
- $35 per month for the Simple Start plan.
- $65 per month for the Essentials plan.
- $99 per month for the Plus plan.
- $235 per month for the Advanced plan.
Xero
- $20 per month for the Early plan.
- $47 per month for the Growing plan.
- $80 per month for the Established plan.