A salon has five revenue streams under one roof. Service revenue on the card. Cash tips that split between stylists. Booth rent from your chairs. Product sales at the counter. Occasional gift card redemptions from three months ago.
Standard bookkeeping software sees one thing: what hit the bank. The rest is invisible until you rebuild it manually — or, more commonly, until January when your CPA asks and you scramble.
What Owners Actually Need
You do not need a chart of accounts with 60 line items. You need to know four things every month: what came in from services, what came in from products, what came in from booth rent, and what your real expenses were. That is the P&L that runs a salon.
LedgerFast gets you there without a bookkeeper. Log cash tips and booth rent as they happen. Upload the bank and card processor statements once a month. The software produces the P&L, flags anomalies, and shows you month over month.
Chair Renters and 1099s
If your stylists rent chairs, you need to track those payments cleanly for 1099 season. LedgerFast tags contractor payments all year long, so at year end the 1099 list is already built. No spreadsheet, no reconstruction.
Product Sales and Sales Tax
Retail product sales come with sales tax obligations that trip up most independent salons. Keeping product revenue separate from service revenue in the books is the first step to a clean sales tax return. LedgerFast handles that separation automatically.
One Price. Everything Included.
Monthly P&L combining cash and card. Anomaly detection. Automatic invoicing for corporate accounts and event styling. Year-end Tax Organizer built for your CPA.
Plans from $49/month. First month free. No contracts.
See a sample monthly report on the demo page.