I'm hoping someone with experience with bookkeeping for beauty salons can help me.
I have had an email from a beauty therapist who started a small salon in November and would like some help setting up her bookkeeping. She also sells Neal Yard products.
I don't have any experience with bookkeeping for beauty salons. Does anyone have any tips/advice on things to bear in mind/look out for when bookkeeping for beauty salons, software recommendations etc? I can't personally see any issues and assume the basic bookkeeping concept still applies.
Also, what salon management software does your client use? As I'm thinking the most time consuming part is recording income as most beauty therapists don't invoice clients but still need a easy/quick way of recording the income without manually typing/writing them out. Is there a appointment software that will tie in/record the income?
I used to use a spreadsheet. The client gave me taking details for the day, and presented all her purchase invoices to me. I asked her to write on the expenses invoices to tell me how it was paid (bank, cash, personal). Then I used the bank account to tidy it all up.. and review the cash balance at the end of each quarter.
If you want a very tidy cash account, you could give her a printed cash sheet to fill out at the end of each day?
I have already pointed her in the direction of free bookkeeping software. I won't actually be doing her bookkeeping for her as she doesn't feel can justify paying someone else at this stage. I'm only going in to give her some advice on how to maintain her paperwork/put systems in place so that she can manage her own bookkeeping for the time being. I think I'll such a excel spreadsheet to track her daily/weekly income in order to keep on track of her cash account as I'm assume that will be the trickiest thing for her to manage.