The Best Accounting Software for Massage Therapists

That’s why it’s so important to reconcile your books with your bank statements. This allows you to account for any irregularities, duplicates, or errors. For the last 10 years or more, I have used this awesome calender to keep me well orginized. I’ve been using MassageMinder ever since I found it many years ago.

A freemium version supporting a single user may suffice if you are a solo massage therapist. Massage therapy software helps massage centers improve their customer experience through online appointment scheduling systems, SMS reminders and gift coupons to loyal customers. Some https://www.bookstime.com/articles/bookkeeping-for-massage-therapists platforms also capture customer pictures, notes and purchasing habits that help massage business owners provide personalized services. The feedback collection mechanism feature offers customers a platform to share their compliments or grievances directly with the centers.

Why you’re here…

Moreover, some accounting software packages offer mobile apps that allow you to manage your finances on the go. This feature can be especially useful if you travel to clients or have a busy schedule. If you’re looking to commit to a paperless massage therapy practice in the future, we suggest starting small.

• Streamline your bookkeeping and spend more time with clients.
• Xero also offers a range of reporting options, including cash flow statements, balance sheets, and profit and loss statements.
• The feedback collection mechanism feature offers customers a platform to share their compliments or grievances directly with the centers.
• Understanding Capital Expenditures

  Learn how to estimate and incorporate capital expenses into your accounting plan to maintain positive cash flow.

Lastly, after entering all this data for the property, you now will be able to generate reports on the success of your property. With professional software, this can be as simple as clicking a button. If you are doing the books by hand, though, you will be slightly limited in the kinds of reports you can generate. Typically, finances are tracked on a monthly basis—e.g., Jan. 1 through Jan. 31, and Feb. 1 through Feb. 28. If you are using a spreadsheet, you can simply list the above categories on the left-hand side of the screen and make one column for each month.

Managing Client Information and Appointments

I would recommend this service to any fellow clinic owners. As a clinic owner, the finances piece of the puzzle can be so overwhelming. With Therapeutic Bookkeeping, I understood how my clinic was doing and was able to make better business decisions.

Use the following best practices to streamline bookkeeping for your massage business. You also don’t need to invest a lot of time into the task either. If you use clinic management software, like ClinicSense, you can even automate a lot of your accounting. Keeping your books up-to-date allows you to answer money questions quickly, accurately, and confidently. The numbers in your reports paint a picture of the financial health of your business.

Bookkeeping built for therapists

Track business performance through different types of reports including appointment activity reports, sales reports, tax reports, profit and loss records, and more. Once you join Heard and connect your bank accounts, you’ll be prompted to schedule your onboarding meeting with a specialist from our team. We’ll walk you through the platform and answer any questions you have. Heard is the financial back-office for therapists in private practice.

I’m now a 77 year old therapist and am a bit “technically challenged”, so I use MM for all my tax records and filling. If you collect sales tax and need to pay it, you’ll list it here as a liability. While it depends on how many months of bookkeeping you need completed, it typically takes our team 2-4 weeks. We are only able to complete historical bookkeeping for the current tax year. If your self-employed, or own a business, you do need to understand the basics.

Ready to get started?

Thriday acknowledges the Traditional Owners of Country throughout Australia and recognises their connection to land, water and community. We pay our respects to them and their cultures, and to Elders past, present and emerging. The massage industry is a difficult one to gain traction in. “As a LMT for over 30 years, I have found the appointment book specifically for MT’s to be invaluable. For example, the layout, the quotes, specific areas for information related to our profession, etc.” This post is to be used for informational purposes only and does not constitute legal, business, or tax advice.