Hospitality Accounting Software
Terrace AI is hospitality accounting software for resorts, full-service hotels, and multi-outlet properties. Automate finance across rooms, F&B, spa, retail, and every revenue center on one AI-native platform.
- revenue centers consolidated per property
- 10+revenue centers consolidated per property
- less time on multi-outlet close
- 85%less time on multi-outlet close
- platform across rooms, F&B, spa, and retail
- 1platform across rooms, F&B, spa, and retail
What is hospitality accounting software?
Hospitality accounting software is finance automation built for the broader hospitality stack — resorts, full-service hotels, and any property that runs multiple revenue centers beyond rooms. Where hotel accounting software focuses on lodging, hospitality accounting software has to handle the complexity of F&B outlets, spas, retail boutiques, banquets, golf, parking, and every other place a guest spends money.
Modern hospitality accounting software is AI-native and outlet-aware. It ingests data from the PMS, every outlet POS, OTAs, payment processors, and banks; matches charges and settlements across systems; and posts cleanly into a multi-outlet chart of accounts. The result is consolidated finance across the whole property — not just the front desk.
Terrace AI is hospitality accounting software designed for the finance teams running this complexity. It automates accounts receivable, accounts payable, reconciliation, and reporting across every revenue center, so resort and full-service hospitality teams can close faster, see real margins per outlet, and stop losing money in the seams between systems.
- Rooms, F&B, spa, retail, banquet, golf, parking
- Outlet POS to PMS to GL reconciliation
- Service charge, tip, and tronc handling
- Per-outlet AP coding and approval routing
- USALI-aligned multi-outlet reporting
- Consolidated portfolio finance
Why hospitality accounting is harder than hotel accounting alone
Hospitality isn't just rooms — it's rooms plus everything else
Resorts and full-service properties run F&B outlets, spas, retail, banquets, golf, parking, and more. Each revenue center has its own POS, its own staff, and its own way of moving money — and they all need to land cleanly in the same GL.
POS systems multiply complexity
Every outlet runs a different POS — Micros, Toast, Square, Aloha, Book4Time. Tying daily settlement, comps, voids, and gratuities back to the PMS and GL is the kind of work generic accounting software wasn't built for.
Charge posting across outlets gets messy fast
Guests sign for spa treatments, dinner, and retail purchases and post them to their folio. Hospitality finance teams have to reconcile every interface post against the originating outlet's POS without losing track of comps and adjustments.
Service charges, tips, and tronc add layers
Hospitality payroll and AP teams have to allocate service charges, gratuities, and tronc across staff and outlets — a workflow that generic accounting software simply doesn't model.
Multi-outlet AP is harder than multi-property AP
Invoices have to be coded not just to the right property but to the right outlet, cost center, and department. Hospitality AP automation has to understand that a wine invoice goes to F&B beverage cost, not rooms.
Reporting has to roll up by outlet AND by property
GMs want outlet-level P&Ls, owners want consolidated property reporting, and corporate wants portfolio rollups. Hospitality accounting software has to deliver all three from a single source of truth.
The hospitality finance platform — every outlet, one stack
Terrace AI consolidates finance across the entire hospitality operation. Each module is built for the multi-outlet reality of resorts and full-service properties.
Multi-Outlet AR
Hospitality accounts receivable across every revenue center
Terrace consolidates AR across rooms, F&B, spa, retail, banquets, and every other outlet. OTA commissions, group billing, banquet event orders, and corporate AR all reconcile in one place against the PMS, POS, and GL.
- Group billing and city ledger for events and banquets
- OTA reservation matching across the rooms stack
- Outlet POS settlement to GL
Outlet-Aware AP
Hospitality AP automation that understands every outlet
Terrace codes invoices not just to the right property but to the right outlet and cost center — wine to F&B beverage, linens to housekeeping, retail inventory to the gift shop. Per-outlet approval routing handles the operational reality of resorts.
- Per-outlet and per-cost-center coding
- Outlet manager approval workflows
- Three-way match across PO, receipt, and invoice
POS Reconciliation
POS, PMS, and GL reconciliation for every outlet
Daily POS settlement, comps, voids, gratuities, and folio interface posts reconcile automatically against the PMS and GL. Exceptions surface in a queue with the supporting evidence already attached.
- Daily POS-to-PMS-to-GL ties
- Comp, void, and adjustment tracking
- Service charge, tip, and tronc allocation
Multi-Outlet BI
USALI-aligned hospitality finance reporting
Live outlet-level P&Ls, departmental cost reporting, and flow-through analysis for every revenue center. Drill from a consolidated portfolio view to a single banquet event in seconds.
- USALI departmental reporting
- Outlet-level margin and flow-through
- Owner statements and portfolio rollups
AI Agents
AI agents purpose-built for hospitality finance
Terrace AI runs specialist agents for outlet reconciliation, invoice coding, banquet billing review, and close-readiness — handling the volume of work multi-outlet hospitality teams used to do by hand.
- Outlet reconciliation agent
- AP coding agent per outlet and cost center
- Close-readiness agent across the full hospitality stack
Integrations
Connected to every system on the hospitality stack
Terrace integrates with PMS platforms (Opera, Mews, Cloudbeds and 30+ more), outlet POS systems (Micros, Toast, Square, Aloha, Book4Time), payment processors, banks, and every major GL — no middleware required.
- 30+ PMS integrations for the rooms stack
- Outlet POS feeds for F&B, spa, and retail
- GL postings to Sage Intacct, M3, NetSuite, Yardi, QuickBooks
Put your hospitality finance on autopilot
From every outlet to the GL — Terrace AI automates AR, AP, reconciliation, and reporting across the entire hospitality stack.
Frequently asked questions
Hospitality accounting software is finance automation built for the broader hospitality stack — resorts, full-service hotels, and multi-outlet properties that run revenue centers beyond rooms. It handles F&B, spa, retail, banquets, golf, and any other outlet, ties every transaction back to the PMS and GL, and supports the multi-outlet coding, reporting, and reconciliation work generic accounting software was never designed for.
Continue exploring AR reconciliation workflows
Hospitality AR automation across OTA, group billing, and outlet settlement.
Hospitality AP automation with per-outlet coding and approval routing.
USALI-aligned hospitality BI with outlet-level P&L and portfolio rollups.
The AI agents powering Terrace's hospitality accounting automation.