Quick Overview
- 1#1: Oracle OPERA - Delivers enterprise-grade financial accounting, budgeting, procurement, and reporting integrated with hotel PMS for large properties and chains.
- 2#2: Agilysys M3 - Specialized hospitality accounting system handling GL, AP/AR, payroll, and multi-property consolidation with PMS interfaces.
- 3#3: Infor SunSystems - Flexible financial management platform with multi-currency, real-time reporting, and hospitality-specific modules for global hotel operations.
- 4#4: NetSuite - Cloud ERP solution offering comprehensive accounting, revenue management, and analytics tailored for multi-location hotels.
- 5#5: Sage Intacct - Cloud-based financials platform with multi-entity support, advanced reporting, and scalability for growing hotel groups.
- 6#6: QuickBooks Online - Versatile cloud accounting software for small to mid-sized hotels managing invoicing, expenses, payroll, and P&L reports.
- 7#7: Xero - Online accounting tool with bank feeds, inventory tracking, and reporting ideal for boutique and independent hotels.
- 8#8: Zoho Books - Affordable cloud accounting app featuring automation, multi-currency, and client portals for small hotel businesses.
- 9#9: MYOB - Accounting software with hospitality templates for payroll, inventory, and compliance reporting in ANZ markets.
- 10#10: Wave - Free basic accounting platform for solo hotel operators handling invoicing, payments, and simple bookkeeping.
Tools were selected based on critical factors including hospitality-specific features (e.g., PMS integration, revenue tracking), scalability, user experience, and value, ensuring a balanced guide for both beginners and seasoned operators.
Comparison Table
Efficient hotel accounting software is critical for managing revenue, expenses, and compliance, ensuring seamless hospitality operations. This comparison table explores top tools like Oracle OPERA, Agilysys M3, Infor SunSystems, NetSuite, and Sage Intacct, guiding readers to find the solution that matches their unique operational needs, budget, and scalability goals.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Oracle OPERA Delivers enterprise-grade financial accounting, budgeting, procurement, and reporting integrated with hotel PMS for large properties and chains. | enterprise | 9.5/10 | 9.8/10 | 7.8/10 | 8.9/10 |
| 2 | Agilysys M3 Specialized hospitality accounting system handling GL, AP/AR, payroll, and multi-property consolidation with PMS interfaces. | specialized | 8.9/10 | 9.3/10 | 8.1/10 | 8.4/10 |
| 3 | Infor SunSystems Flexible financial management platform with multi-currency, real-time reporting, and hospitality-specific modules for global hotel operations. | enterprise | 8.7/10 | 9.2/10 | 7.4/10 | 8.1/10 |
| 4 | NetSuite Cloud ERP solution offering comprehensive accounting, revenue management, and analytics tailored for multi-location hotels. | enterprise | 8.1/10 | 8.7/10 | 6.4/10 | 7.2/10 |
| 5 | Sage Intacct Cloud-based financials platform with multi-entity support, advanced reporting, and scalability for growing hotel groups. | enterprise | 8.2/10 | 8.7/10 | 7.4/10 | 7.8/10 |
| 6 | QuickBooks Online Versatile cloud accounting software for small to mid-sized hotels managing invoicing, expenses, payroll, and P&L reports. | other | 7.4/10 | 6.8/10 | 8.7/10 | 7.2/10 |
| 7 | Xero Online accounting tool with bank feeds, inventory tracking, and reporting ideal for boutique and independent hotels. | other | 7.2/10 | 6.5/10 | 8.7/10 | 8.0/10 |
| 8 | Zoho Books Affordable cloud accounting app featuring automation, multi-currency, and client portals for small hotel businesses. | other | 7.1/10 | 6.8/10 | 8.4/10 | 8.7/10 |
| 9 | MYOB Accounting software with hospitality templates for payroll, inventory, and compliance reporting in ANZ markets. | other | 6.2/10 | 5.8/10 | 7.5/10 | 7.0/10 |
| 10 | Wave Free basic accounting platform for solo hotel operators handling invoicing, payments, and simple bookkeeping. | other | 6.2/10 | 5.1/10 | 9.2/10 | 9.5/10 |
Delivers enterprise-grade financial accounting, budgeting, procurement, and reporting integrated with hotel PMS for large properties and chains.
Specialized hospitality accounting system handling GL, AP/AR, payroll, and multi-property consolidation with PMS interfaces.
Flexible financial management platform with multi-currency, real-time reporting, and hospitality-specific modules for global hotel operations.
Cloud ERP solution offering comprehensive accounting, revenue management, and analytics tailored for multi-location hotels.
Cloud-based financials platform with multi-entity support, advanced reporting, and scalability for growing hotel groups.
Versatile cloud accounting software for small to mid-sized hotels managing invoicing, expenses, payroll, and P&L reports.
Online accounting tool with bank feeds, inventory tracking, and reporting ideal for boutique and independent hotels.
Affordable cloud accounting app featuring automation, multi-currency, and client portals for small hotel businesses.
Accounting software with hospitality templates for payroll, inventory, and compliance reporting in ANZ markets.
Free basic accounting platform for solo hotel operators handling invoicing, payments, and simple bookkeeping.
Oracle OPERA
enterpriseDelivers enterprise-grade financial accounting, budgeting, procurement, and reporting integrated with hotel PMS for large properties and chains.
Multi-property financial consolidation with real-time Oracle Ledger integration for unified hospitality accounting
Oracle OPERA is a comprehensive cloud-based Property Management System (PMS) with robust integrated accounting modules designed specifically for the hospitality industry. It handles hotel accounting tasks such as general ledger management, accounts payable/receivable, payroll processing, revenue recognition, and multi-property financial consolidation. OPERA automates folio postings, interfaces with POS systems, and provides real-time financial reporting to ensure accurate compliance and operational efficiency.
Pros
- Enterprise-grade scalability for multi-property chains
- Seamless integration with PMS for automated revenue and expense tracking
- Advanced reporting and analytics with compliance tools for hospitality standards
Cons
- Steep learning curve and complex implementation
- High initial setup and customization costs
- Overkill for small independent hotels
Best For
Large hotel chains and multi-property groups requiring integrated, scalable accounting within a full PMS.
Pricing
Custom enterprise pricing, typically starting at $10,000+ per property annually plus implementation fees; subscription-based.
Agilysys M3
specializedSpecialized hospitality accounting system handling GL, AP/AR, payroll, and multi-property consolidation with PMS interfaces.
Real-time bidirectional integration with Agilysys PMS and POS for instant revenue recognition and financial visibility
Agilysys M3 is a comprehensive back-office solution tailored for hospitality properties, delivering robust accounting, inventory management, procurement, and financial reporting capabilities. It integrates seamlessly with Agilysys' property management system (PMS) and point-of-sale (POS) tools, enabling real-time data synchronization and operational efficiency for hotels and resorts. Designed for mid-to-large properties, it supports general ledger, accounts payable/receivable, payroll, and compliance reporting to streamline financial operations.
Pros
- Seamless integration with PMS and POS for real-time financial data
- Advanced reporting and analytics with customizable dashboards
- Strong procure-to-pay automation and inventory controls
Cons
- Steep learning curve for non-technical users
- High upfront implementation and customization costs
- Less ideal for small independent hotels due to scalability focus
Best For
Mid-to-large hotels and resorts needing integrated accounting with front-office systems for enhanced operational efficiency.
Pricing
Quote-based pricing; typically includes upfront implementation fees plus monthly subscriptions starting at $5,000+ for mid-sized properties, varying by modules and room count.
Infor SunSystems
enterpriseFlexible financial management platform with multi-currency, real-time reporting, and hospitality-specific modules for global hotel operations.
Proprietary Calculation Engine for dynamic, rule-based financial computations optimized for variable hospitality revenues like occupancy and ADR fluctuations
Infor SunSystems is a robust enterprise financial management ERP solution that provides core accounting functions like general ledger, accounts payable/receivable, asset management, and multi-currency/multi-entity support. Tailored for complex environments, it handles high-volume transactions suitable for hotel chains, enabling detailed tracking of revenue from rooms, F&B, and events through customizable ledgers and reporting. It integrates with hospitality property management systems (PMS) for seamless back-office accounting but focuses primarily on financials rather than front-office operations.
Pros
- Highly scalable for multi-property hotel groups with strong multi-currency and consolidation capabilities
- Advanced reporting and analytics for detailed revenue analysis across hotel departments
- Flexible ledger structure that accommodates complex hospitality financial models
Cons
- Steep learning curve and complex setup requiring specialized training
- High initial implementation and customization costs
- Lacks native, out-of-the-box integrations with many hotel PMS systems
Best For
Large hotel chains and multi-property operators needing enterprise-grade financial consolidation and compliance reporting.
Pricing
Custom enterprise licensing; typically $100,000+ annually for mid-sized deployments including implementation fees.
NetSuite
enterpriseCloud ERP solution offering comprehensive accounting, revenue management, and analytics tailored for multi-location hotels.
NetSuite OneWorld for seamless multi-subsidiary and multi-currency consolidation across global hotel properties
NetSuite is a comprehensive cloud-based ERP platform from Oracle that delivers robust financial accounting, inventory management, and reporting tools adaptable for hospitality businesses. For hotel accounting, it excels in general ledger management, revenue recognition, multi-property consolidation, and integrations with property management systems (PMS) like Opera or Fidelio. While highly scalable for enterprise-level operations, it requires customization to fully address hotel-specific needs like room occupancy tracking or banquet revenue.
Pros
- Scalable for multi-property hotel chains with real-time financial visibility
- Strong integration capabilities with PMS and third-party hospitality tools
- Advanced revenue management and compliance reporting for complex operations
Cons
- Steep learning curve and lengthy implementation for non-technical users
- High cost not ideal for small or independent hotels
- Lacks out-of-the-box hotel-specific features like automated folio posting
Best For
Large hotel groups or chains requiring an integrated ERP system for enterprise-wide accounting and operations.
Pricing
Quote-based enterprise pricing, typically starting at $10,000+ annually plus $99+ per user/month, with additional costs for customizations.
Sage Intacct
enterpriseCloud-based financials platform with multi-entity support, advanced reporting, and scalability for growing hotel groups.
Unlimited dimensional accounting for precise tracking of hotel revenue by property, department, and channel.
Sage Intacct is a cloud-based financial management platform offering robust accounting, multi-entity management, and reporting capabilities tailored for industries like hospitality. It excels in handling complex revenue streams from rooms, F&B, and events across multiple properties, with strong integration options for property management systems (PMS). While not a dedicated hotel PMS, it provides powerful back-office accounting for hotel chains.
Pros
- Superior multi-entity and multi-property management for hotel chains
- Advanced reporting and dimensional accounting for revenue allocation
- Seamless integrations with popular PMS like Oracle Opera and Fidelio
Cons
- Steep learning curve and complex initial setup
- High implementation costs requiring certified partners
- Not a full-service hotel PMS, focusing primarily on financials
Best For
Mid-to-large hotel groups or chains needing scalable, enterprise-grade financial accounting with multi-property oversight.
Pricing
Custom subscription pricing starts at around $15,000-$30,000 annually, scaling with users, entities, and modules.
QuickBooks Online
otherVersatile cloud accounting software for small to mid-sized hotels managing invoicing, expenses, payroll, and P&L reports.
Automated bank reconciliation and real-time financial dashboards for multi-revenue stream tracking
QuickBooks Online is a cloud-based accounting platform that provides comprehensive financial management tools, including invoicing, expense tracking, payroll, and reporting, adaptable for hotel operations through custom setups and integrations. While not a dedicated hotel property management system, it excels in core accounting tasks like tracking room revenue, managing vendor payments, and generating financial statements for hospitality businesses. It supports multi-location setups, making it suitable for small to mid-sized hotels needing robust bookkeeping without specialized PMS features.
Pros
- Intuitive interface with mobile app for on-the-go access
- Strong reporting and automation for revenue tracking and reconciliations
- Extensive integrations with 650+ apps, including some hospitality tools
Cons
- Lacks built-in hotel-specific features like folio management or OTA integrations
- Requires third-party add-ons for full PMS functionality, increasing costs
- Limited inventory management for perishables like food and beverages
Best For
Small hotels, B&Bs, or guesthouses focused on general accounting rather than full property management.
Pricing
Starts at $30/month (Simple Start) up to $200/month (Advanced), with add-ons for payroll and time tracking.
Xero
otherOnline accounting tool with bank feeds, inventory tracking, and reporting ideal for boutique and independent hotels.
Seamless integration with over 1,000 apps, enabling connections to hotel PMS like RoomRaccoon or Mews for automated data flow.
Xero is a cloud-based accounting software primarily designed for small to medium-sized businesses, providing tools for invoicing, bank reconciliation, expense tracking, payroll, and financial reporting. For hotel accounting, it handles general ledger tasks effectively but lacks native features for room revenue management, occupancy tracking, or property management system (PMS) integration without third-party add-ons. It excels in multi-currency support and real-time reporting, making it adaptable for smaller hotels with straightforward financial needs.
Pros
- Intuitive interface with mobile app access
- Automatic bank feeds and reconciliation
- Extensive app marketplace for PMS integrations
- Multi-currency and multi-entity support
Cons
- No built-in hotel-specific features like folio management or occupancy reports
- Requires add-ons for full hospitality functionality
- Limited inventory tracking for F&B operations
- Payroll features vary by region and may need supplements
Best For
Small boutique hotels or independent properties seeking affordable, general-purpose accounting with easy integrations.
Pricing
Starts at $15/user/month (Early plan) up to $78+/user/month (Established); annual billing offers discounts, with a free trial available.
Zoho Books
otherAffordable cloud accounting app featuring automation, multi-currency, and client portals for small hotel businesses.
Powerful automation workflows and Zoho Flow for customizing hotel billing and expense processes without coding
Zoho Books is a cloud-based accounting software tailored for small to medium-sized businesses, including hotels, providing tools for invoicing, expense tracking, bank reconciliation, inventory management, and financial reporting. It supports multi-currency transactions and tax compliance, making it suitable for international hotel operations. While versatile, it lacks native hotel-specific features like room folio management or occupancy tracking, relying on integrations for full hospitality accounting.
Pros
- Affordable pricing with a free tier for startups
- Intuitive interface and mobile app for on-the-go access
- Extensive integrations with Zoho ecosystem and third-party tools like Zapier
Cons
- No built-in hotel-specific modules for room revenue or guest ledgers
- Reporting lacks hospitality-focused metrics like RevPAR or occupancy rates
- Advanced customizations may require developer assistance
Best For
Small independent hotels or boutique properties needing cost-effective general accounting that can be augmented with integrations.
Pricing
Free plan available; paid plans start at $20/user/month (Standard), $50/user/month (Professional), $70/user/month (Elite), billed annually with discounts.
MYOB
otherAccounting software with hospitality templates for payroll, inventory, and compliance reporting in ANZ markets.
Seamless Australian BAS/GST lodgement and superannuation payroll compliance
MYOB is a robust cloud-based accounting platform primarily designed for Australian small to medium businesses, offering invoicing, payroll, inventory tracking, and financial reporting. For hotel accounting, it handles general ledger, accounts payable/receivable, and GST compliance effectively but lacks specialized features like room folio management or occupancy reporting. It integrates with some POS systems, making it suitable for basic back-office needs in smaller hospitality operations.
Pros
- Excellent Australian tax and GST compliance
- User-friendly interface with mobile app access
- Strong bank reconciliation and reporting tools
Cons
- No built-in hotel-specific features like revenue management or guest billing
- Limited native integrations with hotel PMS or booking systems
- Better suited for general SMBs than complex hospitality chains
Best For
Small independent hotels or motels in Australia needing reliable general accounting and payroll without advanced property management.
Pricing
Starts at AUD $30/month for Essentials (basic invoicing), up to AUD $150+/month for AccountRight Premier with advanced inventory and multi-user support; annual discounts available.
Wave
otherFree basic accounting platform for solo hotel operators handling invoicing, payments, and simple bookkeeping.
100% free core accounting with no limits on users, invoices, or customers
Wave is a free cloud-based accounting software designed for small businesses, offering invoicing, expense tracking, financial reporting, and basic bookkeeping tools that can be adapted for small hotels. It excels in simplicity for managing general income, expenses, and payments but lacks specialized hotel features like room occupancy tracking, guest folio management, or integrations with property management systems (PMS). While suitable for very basic hotel accounting, it falls short for mid-sized or larger properties needing hospitality-specific functionality.
Pros
- Completely free core accounting and unlimited invoicing
- Intuitive, user-friendly interface with mobile app support
- Unlimited users and customers with no subscription fees
Cons
- No hotel-specific features like room revenue tracking or PMS integrations
- Limited advanced reporting for hospitality metrics (e.g., RevPAR, occupancy)
- Transaction fees for payments (2.9% + 30¢) and add-ons like payroll
Best For
Very small hotels, B&Bs, or guesthouses with basic bookkeeping needs and tight budgets seeking a no-cost entry-level solution.
Pricing
Free for accounting, invoicing, and reports; payments at 2.9% + 30¢ per credit card transaction; payroll starts at $20/month + $6/employee.
Conclusion
The review underscored the top tools for hotel accounting, with Oracle OPERA emerging as the standout choice due to its robust, integrated enterprise-grade features tailored for large properties. Agilysys M3 and Infor SunSystems also stood out as strong alternatives, offering specialized capabilities in multi-property consolidation and global operations, respectively, catering to diverse needs within the hospitality sector.
For those seeking to streamline financial management, Oracle OPERA—our top-ranked tool—provides the foundation to enhance efficiency and control; explore its solutions to unlock your hotel's full accounting potential.
Tools Reviewed
All tools were independently evaluated for this comparison
