5 Best Hotel Accounting Software | Fit Small Business

5 Best Hotel Accounting Software

The best hotel accounting software includes the ability to monitor income and expenses, produce basic financial reports, and manage revenue. It’s even better if it offers extra features, such as assisted bookkeeping services, payroll processing, and a bookkeeping engine to streamline reservation management. That said, here are our top five best accounting software for hotels:…

Written By
Mark Calatrava
Mark Calatrava
Oct 14, 2024
9 minute read

The best hotel accounting software includes the ability to monitor income and expenses, produce basic financial reports, and manage revenue. It’s even better if it offers extra features, such as assisted bookkeeping services, payroll processing, and a bookkeeping engine to streamline reservation management.

That said, here are our top five best accounting software for hotels:

I evaluated each retail accounting system based on how well it supports real retail workflows, including inventory tracking, sales activity, and day-to-day financial management. I focused on what actually works in practice — how transactions flow, how inventory connects to accounting, and how easy it is to manage operations without extra tools.

  • General features: I reviewed how each system handles core accounting tasks like general ledger, banking, accounts receivable, accounts payable, sales tax, and financial reporting. I gave more weight to platforms that deliver reliable, complete accounting without requiring workarounds.
  • Retail-specific features: I examined tools that directly support retail operations, including inventory management, sales tax tracking, and POS integration. I prioritized systems that keep inventory and financial data aligned in real time.
  • Pricing: I compared monthly costs, user limits, and feature availability across plans. I looked closely at whether key retail features are included in entry-level tiers or locked behind upgrades.
  • Ease of use: I assessed how quickly a non-accountant can complete common tasks like invoicing, expense tracking, and reporting. I focused on navigation clarity and how much setup is required to get started.
  • Customer support: I reviewed available support channels, including phone, chat, email, and help documentation, to see how easily users can get assistance when needed.
  • User reviews: I analyzed average ratings from trusted review platforms to understand how each system performs in real-world use.

Comparison of Best Hotel Accounting Software


Monthly PricingNumber of UsersBooking EngineAssisted Bookkeeping AvailableHotel Payroll
Cloudbeds logoQuote-basedUnlimitedVia third-party integration
Visit Cloudbeds
QuickBooks logo.$115 for Plus$275 for AdvancedUp to 5Additional cost
Visit QuickBooks Online
Nimble logo.From $250Unlimited
Visit Nimble Property
Hotelier Books logo.From $1691Via third-party integration
Visit Hotelier Books
M3 Accounting Core logo.Quote-basedUnlimitedAdditional cost
Visit M3 Accounting Core

Cloudbeds: Best Overall Hotel Accounting Software With Integrated Booking Engine

Free Trial
Discount
Customer SupportEmail support, in-app live chat, and online resources
Average User Reviews4.4 out of 5 based on over 300 reviews on Capterra
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QuickBooks Online Plus: Best for Small, Independently Owned Hotels Needing Local Bookkeeping Assistance

Free Trial30 days; no credit card required
Discount50% off for the first three months; can’t be combined with the free trial
Customer SupportPhone support, live chat, chatbot, online resources, and assisted bookkeeping
Average User Reviews4.3 out of 5; check out what users said in our QuickBooks Online review

Nimble Property: Best for Extensive Hotel Management Features

Free Trial
Discount
Customer SupportPhone support, email, and online self-help guides
Average User ReviewsVery few reviews as of this writing
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Hotelier Books: Best for Limited-service Hotels on a Budget

Free Trial
Discount
Customer SupportPhone support, email, and online resources
Average User ReviewsVery few reviews as of this writing

M3 Accounting: Best for Hotel Chains Building New Hotels

Free Trial
Discount
Customer SupportPhone support, email, and online knowledgebase
Average User ReviewsVery few reviews as of this writing

How We Evaluated the Best Accounting Software for Hotels

We evaluated and selected the best hotel accounting software based on the following scoring rubric.

Methodology weights
PRICING 10%
ACCOUNTING FEATURES 35%
HOTEL MANAGEMENT FEATURES 25%
CUSTOMER SUPPORT 20%
USER REVIEWS 10%

We placed more emphasis on providers that have a transparent pricing structure. However, we don’t discredit providers that would like to keep their pricing confidential or that offer a custom pricing model.

The best hotel accounting software should have enough accounting features to cater to a hotelier’s daily accounting needs. We considered the following subcriteria: general features, A/P, A/R, fixed assets, inventory, and basic financial reporting.

While our focus is hotel accounting, having hotel management features included in the software is a big plus. Therefore, we award points to providers that include those features, such as hotel booking, housekeeping, hotel financial planning, and revenue management.

We’d like to see multiple support channels that enable users to contact the provider by phone, email, or live chat in case of problems. If direct contact is unavailable, there must be alternatives like a detailed knowledge base or help center and chatbot for quick assistance.

We gathered average user review ratings from popular third-party sites.

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Frequently Asked Questions (FAQs)

Good hotel accounting software should have features like accounts payable and receivable, payroll management, financial reporting, budgeting, and cash management.

The cost of hotel accounting software varies depending on the size of the hotel, the number of users, and the level of customization required. On average, good hotel accounting software costs about $250 per month.

Yes, many hotel accounting software has the capability to handle multiple properties and currencies, making it easier for hotel chains and franchises to manage their financials.

Bottom Line

Cloudbeds is the overall best accounting software for hotels because it combines strong accounting features with a booking and a price intelligence engine. The booking engine helps you accept bookings, while the price intelligence engine helps you stay competitive in pricing. We hope this guide helps you in picking the right hotel accounting software given your needs.

Mark Calatrava

Mark Calatrava is an accounting expert for Fit Small Business. He has covered more than 50 accounting software for small businesses and niche industries and has developed an in-depth knowledge of the important features of accounting software, including how the importance of these features vary by business. As a QuickBooks ProAdvisor, Mark has extensive knowledge of QuickBooks products, allowing him to create valuable content that educates businesses on maximizing the benefits of the software.

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