Bookkeeping and financials for a med spa
Med spa books are harder than they look, because revenue arrives in forms that do not match the cash. Memberships bill monthly against services delivered later. Packages are paid up front and drawn down over a year. Gift cards sit as a liability. Retail carries inventory. Record all of it as revenue on the day the card clears and your profit and loss says nothing true.
Three numbers to read every month. Revenue by service line, so you know whether injectables are carrying the laser you financed. Deferred revenue, meaning the packages and memberships you still owe treatment against. And marketing spend by channel, next to the bookings it produced.
The device payment is what catches people. A lease running $2,500 to $4,000 a month on a body contouring platform needs its own line with a utilization figure beside it, because a device treating four clients a month is a common reason a busy clinic is short on cash.
Two weeks in, working means last month closed and categorized, deferred revenue separated, and a profit and loss you can act on rather than hand to an accountant in March.