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Top 10 Best Hospitality Accounting Software of 2026

Discover top 10 hospitality accounting software solutions. Compare features, find your fit, and get started today!

Min-ji Park

Min-ji Park

Feb 11, 2026

10 tools comparedExpert reviewed
Independent evaluation · Unbiased commentary · Updated regularly
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In the fast-paced hospitality sector, effective financial management is a cornerstone of success, and the right accounting software streamlines operations, enhances accuracy, and supports strategic growth. From restaurants to hotels and multi-property groups, the tools below—designed for everything from automated inventory tracking to AI-powered forecasting—represent the pinnacle of industry-specific solutions.

Quick Overview

  1. 1#1: Restaurant365 - Cloud-based platform delivering automated accounting, inventory, scheduling, and operations management for restaurants and hospitality groups.
  2. 2#2: M3 Accounting - Multi-property general ledger and comprehensive accounting solution designed specifically for hotels and resorts.
  3. 3#3: MarginEdge - AI-powered invoice-to-GL accounting, inventory, and recipe costing software for foodservice and hospitality businesses.
  4. 4#4: Toast - Integrated POS and management system with payroll, accounting, and financial reporting tailored for restaurants.
  5. 5#5: Oracle Hospitality OPERA - Enterprise property management system featuring advanced financials, revenue management, and accounting for hotels.
  6. 6#6: Sage Intacct - Cloud financial management software with multi-entity consolidation and hospitality-specific reporting capabilities.
  7. 7#7: NetSuite - Comprehensive cloud ERP platform with hospitality modules for accounting, billing, and revenue optimization.
  8. 8#8: QuickBooks Enterprise - Scalable desktop accounting solution with industry editions for hospitality inventory, job costing, and multi-location support.
  9. 9#9: Xero - Cloud accounting tool that connects with hospitality POS, payroll, and booking apps for streamlined finances.
  10. 10#10: ProfitSword - Hospitality-focused business intelligence platform for forecasting, budgeting, and accounting analytics across properties.

They were chosen based on their ability to address hospitality unique needs, including robust features for property management, inventory optimization, and multi-location scalability, combined with user-friendly design, reliable performance, and strong value for businesses of all sizes.

Comparison Table

Hospitality businesses rely on specialized accounting software to manage revenue, expenses, and operations; this comparison table breaks down tools like Restaurant365, M3 Accounting, MarginEdge, Toast, Oracle Hospitality OPERA, and more, helping readers assess features and suitability for their specific needs in financial tracking and workflow efficiency.

Cloud-based platform delivering automated accounting, inventory, scheduling, and operations management for restaurants and hospitality groups.

Features
9.7/10
Ease
8.6/10
Value
9.1/10

Multi-property general ledger and comprehensive accounting solution designed specifically for hotels and resorts.

Features
9.2/10
Ease
7.8/10
Value
8.4/10
3MarginEdge logo8.6/10

AI-powered invoice-to-GL accounting, inventory, and recipe costing software for foodservice and hospitality businesses.

Features
9.2/10
Ease
8.3/10
Value
8.1/10
4Toast logo8.4/10

Integrated POS and management system with payroll, accounting, and financial reporting tailored for restaurants.

Features
8.6/10
Ease
9.1/10
Value
7.8/10

Enterprise property management system featuring advanced financials, revenue management, and accounting for hotels.

Features
9.1/10
Ease
7.2/10
Value
7.8/10

Cloud financial management software with multi-entity consolidation and hospitality-specific reporting capabilities.

Features
8.7/10
Ease
7.9/10
Value
8.0/10
7NetSuite logo8.4/10

Comprehensive cloud ERP platform with hospitality modules for accounting, billing, and revenue optimization.

Features
9.1/10
Ease
7.2/10
Value
7.6/10

Scalable desktop accounting solution with industry editions for hospitality inventory, job costing, and multi-location support.

Features
8.4/10
Ease
7.6/10
Value
7.5/10
9Xero logo7.8/10

Cloud accounting tool that connects with hospitality POS, payroll, and booking apps for streamlined finances.

Features
7.2/10
Ease
9.1/10
Value
8.4/10
10ProfitSword logo7.6/10

Hospitality-focused business intelligence platform for forecasting, budgeting, and accounting analytics across properties.

Features
8.4/10
Ease
6.9/10
Value
7.2/10
1
Restaurant365 logo

Restaurant365

enterprise

Cloud-based platform delivering automated accounting, inventory, scheduling, and operations management for restaurants and hospitality groups.

Overall Rating9.4/10
Features
9.7/10
Ease of Use
8.6/10
Value
9.1/10
Standout Feature

Automated daily sales and inventory reconciliation that syncs POS data directly with general ledger for instant accuracy

Restaurant365 is a cloud-based, all-in-one platform tailored for the restaurant industry, integrating accounting, operations, payroll, inventory management, and scheduling into a single system. It provides real-time financial visibility, automated reconciliation between POS data and accounting, and tools for managing multi-location operations efficiently. Designed specifically for hospitality, it helps restaurants control costs, streamline back-office tasks, and generate actionable insights to drive profitability.

Pros

  • Comprehensive integration of accounting, inventory, scheduling, and payroll tailored for restaurants
  • Real-time prime cost tracking and automated daily reconciliations with POS systems
  • Scalable for multi-location chains with robust reporting and analytics

Cons

  • Steep learning curve for new users due to extensive features
  • Higher pricing may not suit very small or single-location operations
  • Limited customization options for highly specialized workflows

Best For

Multi-location restaurant groups and hospitality chains seeking an integrated solution for accounting and operations management.

Pricing

Custom quote-based pricing, typically starting at $350-$500 per location per month, depending on features and scale.

Visit Restaurant365restaurant365.com
2
M3 Accounting logo

M3 Accounting

specialized

Multi-property general ledger and comprehensive accounting solution designed specifically for hotels and resorts.

Overall Rating8.7/10
Features
9.2/10
Ease of Use
7.8/10
Value
8.4/10
Standout Feature

Seamless bi-directional integration with major PMS systems for real-time revenue capture and automated journal entries

M3 Accounting from Comtrex is a robust, hospitality-focused accounting software tailored for hotels, resorts, and multi-property operations, handling everything from general ledger and accounts payable/receivable to payroll and inventory management. It excels in integrating with leading Property Management Systems (PMS) like Oracle Opera and Fidelio, automating revenue posting and financial reporting specific to hospitality metrics such as RevPAR and occupancy rates. With strong multi-entity support, it enables centralized financial oversight for chains while complying with industry regulations like tip reporting.

Pros

  • Deep hospitality-specific features like automated PMS interfaces and F&B costing
  • Powerful multi-property consolidation and customizable reporting
  • Reliable compliance tools for payroll taxes and tip allocations

Cons

  • Dated user interface requiring training for optimal use
  • Higher implementation costs and complexity for smaller properties
  • Limited native mobile app functionality

Best For

Mid-sized to large hotel chains and resorts needing scalable, PMS-integrated accounting with advanced multi-property management.

Pricing

Custom quote-based pricing; typically $4,000–$10,000+ per property annually including maintenance, depending on modules and properties.

3
MarginEdge logo

MarginEdge

specialized

AI-powered invoice-to-GL accounting, inventory, and recipe costing software for foodservice and hospitality businesses.

Overall Rating8.6/10
Features
9.2/10
Ease of Use
8.3/10
Value
8.1/10
Standout Feature

Smart Margin AI that auto-calculates theoretical costs from recipes and actual usage for instant profitability insights

MarginEdge is a cloud-based platform designed specifically for restaurants and hospitality businesses, focusing on automating accounts payable, inventory management, and cost control to optimize profit margins. It uses AI-driven invoice capture to eliminate manual data entry, provides real-time recipe costing and variance reporting, and integrates with POS systems like Toast and Square for seamless data flow. The software helps operators track food and beverage costs, manage vendor purchases, and generate financial insights across multiple locations.

Pros

  • AI-powered invoice processing drastically reduces manual AP work
  • Real-time inventory tracking and variance analysis for precise cost control
  • Strong integrations with POS and accounting tools like QuickBooks

Cons

  • Pricing can be steep for single-location independents
  • Advanced reporting requires some setup and training
  • Limited customization for non-hospitality accounting needs

Best For

Multi-location restaurant groups seeking automated cost management and AP efficiency in a hospitality-focused platform.

Pricing

Custom quotes based on locations and features; typically starts at $250-$400 per month per location with annual contracts.

Visit MarginEdgemarginedge.com
4
Toast logo

Toast

enterprise

Integrated POS and management system with payroll, accounting, and financial reporting tailored for restaurants.

Overall Rating8.4/10
Features
8.6/10
Ease of Use
9.1/10
Value
7.8/10
Standout Feature

Real-time POS-to-accounting sync that automatically reconciles sales, tips, and payouts for hospitality financial accuracy

Toast is a cloud-based all-in-one platform primarily designed for restaurants and hospitality venues, offering integrated point-of-sale (POS) systems with robust back-office accounting tools. It handles payroll processing, expense management, inventory tracking, financial reporting, and sales reconciliation, pulling real-time data from POS transactions to streamline hospitality financial operations. While not a standalone accounting suite, its restaurant-specific features make it effective for managing daily financials in fast-paced environments.

Pros

  • Seamless real-time integration between POS sales and accounting data for accurate tracking
  • Intuitive mobile-first interface with strong reporting dashboards tailored to restaurants
  • Automated payroll, tip pooling, and expense management built for hospitality workflows

Cons

  • Limited advanced accounting capabilities like full general ledger or multi-entity support
  • Pricing is opaque and can become expensive with add-ons and transaction fees
  • Heavy reliance on Toast's ecosystem, with less flexibility for custom integrations

Best For

Restaurants and hospitality businesses wanting an integrated POS and basic-to-mid-level accounting solution without juggling multiple vendors.

Pricing

Custom quote-based; core POS starts at ~$165/month per location, plus 2.99%+ processing fees, payroll add-ons ~$50/month, and hardware costs.

Visit Toasttoasttab.com
5
Oracle Hospitality OPERA logo

Oracle Hospitality OPERA

enterprise

Enterprise property management system featuring advanced financials, revenue management, and accounting for hotels.

Overall Rating8.4/10
Features
9.1/10
Ease of Use
7.2/10
Value
7.8/10
Standout Feature

Real-time operational-to-financial data synchronization across properties for instant ledger updates and revenue recognition.

Oracle Hospitality OPERA is a robust, cloud-based property management system (PMS) with integrated hospitality accounting capabilities designed for hotels, resorts, and multi-property chains. It handles core accounting functions like general ledger, accounts payable/receivable, cash management, tax reporting, and financial consolidations, all synchronized with operational modules for reservations, billing, and revenue management. This unified platform enables real-time financial visibility and compliance with hospitality-specific regulations.

Pros

  • Seamless integration of PMS operations with accounting for real-time data accuracy
  • Advanced multi-property financial reporting and analytics powered by Oracle technology
  • Scalable for enterprise-level chains with strong audit trails and compliance tools

Cons

  • Steep learning curve and extensive training required for staff
  • High implementation and customization costs
  • Less ideal for small independent properties due to complexity and expense

Best For

Large hotel chains and resorts needing a comprehensive, integrated PMS and accounting solution for multi-property management.

Pricing

Custom enterprise pricing via quote; subscription-based, typically $50,000–$200,000+ annually depending on property count, size, and modules.

6
Sage Intacct logo

Sage Intacct

enterprise

Cloud financial management software with multi-entity consolidation and hospitality-specific reporting capabilities.

Overall Rating8.4/10
Features
8.7/10
Ease of Use
7.9/10
Value
8.0/10
Standout Feature

Multi-dimensional accounting for granular tracking across properties, departments, and revenue streams

Sage Intacct is a cloud-based financial management and ERP solution tailored for mid-market businesses, providing robust accounting, reporting, and automation capabilities. For hospitality accounting, it supports multi-entity and multi-location management, revenue recognition across properties, and real-time financial insights essential for hotels, restaurants, and chains. It integrates with various hospitality systems for streamlined operations like inventory and POS data.

Pros

  • Multi-entity consolidation ideal for hospitality chains
  • Advanced dimensional reporting and dashboards
  • Strong automation for AP/AR and revenue management

Cons

  • Steep learning curve and complex setup
  • Custom pricing can be expensive for smaller properties
  • Less specialized hospitality features than niche tools

Best For

Mid-sized hospitality businesses with multiple locations needing scalable, enterprise-level financial management.

Pricing

Quote-based subscription pricing; typically $10,000–$50,000+ annually depending on modules, users, and entities.

Visit Sage Intacctsageintacct.com
7
NetSuite logo

NetSuite

enterprise

Comprehensive cloud ERP platform with hospitality modules for accounting, billing, and revenue optimization.

Overall Rating8.4/10
Features
9.1/10
Ease of Use
7.2/10
Value
7.6/10
Standout Feature

Real-time multi-entity consolidation for global hospitality portfolios

NetSuite is a comprehensive cloud-based ERP platform from Oracle that delivers enterprise-grade accounting and financial management tailored for hospitality businesses, including multi-property consolidation, revenue management, and compliance reporting. It integrates with property management systems (PMS), point-of-sale (POS), and other operational tools to streamline hospitality-specific workflows like occupancy tracking and dynamic pricing. While highly scalable for large chains, it requires customization to fully optimize for niche hospitality needs.

Pros

  • Robust multi-property and multi-entity financial consolidation
  • Advanced analytics and real-time reporting for revenue optimization
  • Seamless integrations with hospitality systems like PMS and POS

Cons

  • Steep learning curve and lengthy implementation process
  • High cost prohibitive for small to mid-sized properties
  • Requires significant customization for hospitality-specific workflows

Best For

Enterprise-level hospitality chains and multi-property operators needing scalable ERP with global compliance.

Pricing

Custom enterprise pricing; typically $999+ per user/month plus platform fees starting at $10,000+ annually; quote required.

Visit NetSuitenetsuite.com
8
QuickBooks Enterprise logo

QuickBooks Enterprise

enterprise

Scalable desktop accounting solution with industry editions for hospitality inventory, job costing, and multi-location support.

Overall Rating8.1/10
Features
8.4/10
Ease of Use
7.6/10
Value
7.5/10
Standout Feature

Advanced Inventory with FIFO/Lot tracking and multi-location consolidation, perfect for managing perishable F&B stock across sites

QuickBooks Enterprise is Intuit's flagship accounting software tailored for mid-to-large businesses, providing comprehensive financial management including advanced inventory, payroll, and multi-entity reporting. For hospitality accounting, it supports multi-location operations common in restaurant chains and hotels, with strong inventory tracking for perishables and integrations with POS systems like Toast or Square. While highly customizable, it requires add-ons or third-party apps for specialized hospitality features like reservation management or menu costing.

Pros

  • Advanced multi-location inventory and sales tracking ideal for restaurant chains and hotels
  • Robust reporting and analytics for financial insights across hospitality operations
  • Seamless integrations with popular POS and hospitality tools

Cons

  • Lacks native hospitality-specific features like room occupancy or table management
  • Steep learning curve for non-accountants in fast-paced hospitality environments
  • Premium pricing may not justify for smaller hospitality businesses

Best For

Mid-sized hospitality groups like restaurant chains or boutique hotel operators needing scalable general accounting with strong inventory controls.

Pricing

Annual subscriptions from $1,522 (Silver, 5 users) to $4,995 (Diamond, 40 users), plus optional add-ons for advanced inventory or payroll.

Visit QuickBooks Enterprisequickbooks.intuit.com
9
Xero logo

Xero

enterprise

Cloud accounting tool that connects with hospitality POS, payroll, and booking apps for streamlined finances.

Overall Rating7.8/10
Features
7.2/10
Ease of Use
9.1/10
Value
8.4/10
Standout Feature

Vast app marketplace enabling hospitality-specific extensions like POS sync and inventory add-ons

Xero is a cloud-based accounting software primarily designed for small to medium-sized businesses, providing invoicing, bank reconciliation, expense tracking, payroll, and financial reporting. For hospitality, it supports integrations with POS systems like Lightspeed and Square, basic inventory management, and project tracking for events or multi-location operations. While versatile and scalable, it lacks native features for hospitality-specific needs like menu costing, tip pooling, or advanced revenue management.

Pros

  • Intuitive interface with mobile app access
  • Seamless bank feeds and auto-reconciliation
  • Extensive integrations with hospitality POS and apps

Cons

  • No built-in hospitality tools like food cost analysis or table management
  • Inventory tracking is basic and not optimized for perishables
  • Payroll and advanced reporting require add-ons at extra cost

Best For

Small hospitality businesses such as cafes, bars, or boutique hotels needing reliable general accounting with POS integrations.

Pricing

Plans start at $15/month (Early) for basics, $42/month (Growing) for multi-currency/invoicing, up to $78/month (Established) for unlimited users; payroll and apps extra.

Visit Xeroxero.com
10
ProfitSword logo

ProfitSword

specialized

Hospitality-focused business intelligence platform for forecasting, budgeting, and accounting analytics across properties.

Overall Rating7.6/10
Features
8.4/10
Ease of Use
6.9/10
Value
7.2/10
Standout Feature

ProfitSword Command Center for real-time profitability analytics across multiple revenue streams

ProfitSword by Agilysys is a cloud-based hospitality accounting and business intelligence platform tailored for hotels, resorts, and casinos. It delivers real-time financial reporting, advanced analytics, budgeting, forecasting, and labor optimization tools to drive profitability. The software integrates deeply with Agilysys property management systems, enabling seamless data flow and comprehensive operational insights.

Pros

  • Powerful real-time analytics and customizable dashboards
  • Seamless integration with Agilysys PMS and third-party systems
  • Scalable for multi-property management with strong forecasting tools

Cons

  • Steep learning curve for non-technical users
  • High implementation and customization costs
  • Less flexible for small independent properties outside Agilysys ecosystem

Best For

Mid-to-large hospitality groups using Agilysys solutions that need enterprise-level accounting and BI.

Pricing

Custom quote-based pricing, typically starting at $5,000+ per month for mid-sized properties depending on modules and scale.

Visit ProfitSwordagilysys.com

Conclusion

The roundup of leading hospitality accounting tools highlights Restaurant365 as the top pick, thanks to its seamless integration of accounting, inventory, scheduling, and operations. M3 Accounting stands as a strong choice for hotels and resorts, while MarginEdge impresses with its AI-powered invoice processing and recipe costing, offering robust alternatives tailored to different business needs.

Restaurant365 logo
Our Top Pick
Restaurant365

Take the first step toward efficient hospitality management—explore Restaurant365 to unlock streamlined workflows, accurate financials, and enhanced profitability, a tool that delivers value across all operational needs.