Industries
Hospitality

Hospitality accounting software built for multiple venues

Running hospitality venues, whether it's one or a hundred, means juggling partial VAT, multi-entity reporting, and EPOS, PMS, or ticketing reconciliations across disconnected systems. iplicit's hospitality accounting software brings all of it into one place, so your finance team gets the real-time visibility it needs.

Industries
Hospitality

Hospitality accounting software built for multiple venues

Running hospitality venues, whether it's one or a hundred, means juggling partial VAT, multi-entity reporting, and EPOS, PMS, or ticketing reconciliations across disconnected systems. iplicit's hospitality accounting software brings all of it into one place, so your finance team gets the real-time visibility it needs.

Why hospitality finance leaders choose iplicit

Running multiple venues or sites often means separate systems, duplicate data entry, and hours of manual reconciliation. With iplicit, it's all handled in one place.

•Consolidate entities across every venue without re-keying data into a spreadsheet each month end.

•Automate partial VAT recovery across venues, so there's no manual calculation every quarter.

•Connect your EPOS, PMS, and ticketing platforms to hospitality accounting software through open API.

iplicit automations and workflows screenshot showing a list of automated triggers

Built to handle complex hospitality operations

Hospitality finance gets complicated fast, from peak season volume to venue level profitability and stakeholder reporting. With iplicit, it's built to keep pace.

•Process thousands of bookings, deposits, and refunds during peak season without a backlog building up.

•Track profitability by venue, department, or production automatically at project level, no separate spreadsheet needed.

•Give owners and trustees live dashboards, so they get the transparency they expect without extra work from finance.

iplicit automated month end screenshot showing a paid purchase invoice with prepayment schedule

See how iplicit's hospitality accounting software compares.

The difference between your current system and iplicit, side by side.

iplicit
Your current system
Feature Category
Multi-entity reporting
✓
Active and dormant entities consolidate into one login, with live reporting across the group.
✗
Separate logins per entity, consolidated manually across spreadsheets.
Partial VAT recovery
✓
VAT postings and partial recovery calculated automatically for every venue and entity.
✗
A manual VAT calculation every quarter for every venue.
Bank reconciliation
✓
Bank feeds match transactions automatically, ready for your team to review.
✗
Logging into the bank manually to check and reconcile by hand.
Peak season transaction volume
✓
Deposits, cancellations, refunds, and payments processed without a backlog, even at peak season.
✗
Transaction backlogs build up whenever bookings spike.
EPOS, PMS, and booking integrations
✓
Booking, EPOS, and PMS data flows in automatically through open API.
✗
Manual rekeying between booking, EPOS, and PMS systems and the ledger.
Venue and project level profitability
✓
Profitability tracked automatically by venue, department, or production.
✗
A new spreadsheet built by hand every time you need venue level detail.

See how iplicit works for hospitality

See how iplicit's hospitality accounting software consolidates venues, automates partial VAT recovery, and gives real-time visibility across every entity.

iplicit group consolidation dashboard showing company revenue by financial year and top company by revenue

Sector-specific solutions for every part of hospitality

Billing cycles, transaction volumes, and revenue models all vary depending on the sub sector you operate in. Here's how iplicit's hospitality accounting software handles yours.

Financial control for modern hotel operations

Hotel groups and boutique properties face complex billing cycles, occupancy-driven revenue management, and the challenge of consolidating performance across multiple sites. iplicit gives real-time visibility into occupancy versus spend and automates deposits and cancellations, scaling from one exceptional property to a growing portfolio.

iplicit accounts payable automation screenshot showing a purchase invoice with line items

Streamlined finance for visitor attractions and destinations

Leisure and tourism organisations juggle diverse revenue streams, from ticket sales and gift shops to hospitality offerings and special events. iplicit brings inventory management and purchase order approvals into one system across every location. It also handles partial VAT recovery and tracks restricted funds for grant-funded projects, so reports reflect the real position without manual reconciliation.

iplicit fixed assets screenshot showing a depreciation schedule by asset group

Purpose built finance for performing arts and cultural organisations

Theatres, orchestras, museums, and festivals deal with box office reconciliation, per-production costing, Arts Council reporting, and restricted fund management. iplicit handles all four in one system, and automates expenses, timesheets, and approval processes across multiple venues too.

iplicit multi-entity dashboard showing top company by revenue across multiple companies

Everything your finance team needs in one platform

Beyond the core financials, hospitality accounting software from iplicit gives finance teams the tools to manage complexity at scale.

Multi-entity consolidation

View performance across the whole organisation, or drill into individual venues, sites, or legal entities, without hours of manual spreadsheet work. Month-end close moves faster, with less time lost to consolidation admin.

Group VAT automation

iplicit's hospitality accounting software automates the postings and adjustments required for group VAT submissions, handling partial VAT recovery and sector-specific requirements across entities. For organisations running multiple entities, group VAT compliance can otherwise consume days each quarter — automation cuts that down and reduces compliance errors.

Excel add-in for finance teams

iplicit's Excel add-in gives live connectivity to your financial data within Excel, where hospitality finance teams already do reporting, forecasting, and variance analysis. Budget variance reporting speeds up, without manual data extraction or version control issues.

Project and departmental costing

Get granular detail on per production costs for theatre shows, departmental performance across hotel operations, or event-specific profitability with iplicit's project ledger. Track costs and revenue in real-time to support data-driven decisions on pricing and resource allocation.

Automated approval workflows

iplicit automates AP, expenses, and PO processes with configurable approval workflows that match your organisational structure, instead of chasing paper-based requisitions and manual approvals across venues. Faster processing improves working capital, and every transaction keeps a clear audit trail for compliance.

Real-time dashboards and reporting

Occupancy, box office, and multi-site performance all live in one dashboard, filterable and shareable with owners, trustees, or boards — giving stakeholders visibility without creating extra work for finance.

iplicit gives us a whole new level of visibility, with accurate financial data in real-time. We're impressed with how it handles authorisation workflows, and integrates with our room book and spa systems. It's ideally suited to the hospitality industry.

John Pette
Managing Director at Fairlawns Hotel & Spa

FAQs

How does iplicit handle VAT for hospitality businesses?

iplicit automates VAT postings and partial recovery calculations for each entity, then consolidates the group VAT return automatically, so hospitality groups trading through multiple legal entities don't need to calculate anything by hand.

Can we see profitability by venue, department, or production, not just for the group?

Yes. iplicit's hospitality accounting software tracks costs and revenue by venue, department, or individual production through its project ledger, so you can see which hotel, restaurant, or show is actually profitable, not just the consolidated total.

Does iplicit's hospitality accounting software replace our EPOS, PMS, or booking system, or work alongside it?

iplicit is the finance layer, not the operational one. It connects to the EPOS, PMS, or booking systems you already run, pulling transaction data automatically instead of asking your teams to rekey it into the ledger.

How does iplicit cope with the transaction spikes hospitality sees at peak season?

iplicit is built to process high volumes of deposits, cancellations, refunds, and payments without slowing down, so a busy bank holiday weekend or festive season doesn't create a backlog for finance to clear afterwards.

Can iplicit consolidate a group with hotels, restaurants, and venues that all trade differently?

Yes. Hospitality accounting software from iplicit consolidates entities with different trading models, revenue streams, and VAT treatments into one group view, so finance runs a mixed hospitality portfolio without maintaining a separate system for each venue type.

Want to see iplicit in action?

Book your demo to see how iplicit's hospitality accounting software simplifies operations across hotels, leisure venues, and arts organisations by automating manual processes and giving real-time visibility, wherever you work.