Bookkeeping and Accounting for Float Therapy Spas

Bench Accounting has a diverse team of professional bookkeepers experienced in various industries, including the float therapy spa business. We understand the complexities and uniqueness of transactions in this industry such as managing multiple points of sale, membership payments, one-off transactions, and inventory management.

Our team can handle all aspects of your bookkeeping needs accurately and efficiently, thanks to our proprietary bookkeeping software and rigorous industry training. We recognize that the float therapy spa business has distinctive requirements and we're more than equipped to meet these needs.

Beyond managing your day-to-day transactions, we also provide in-depth monthly financial statements and insightful reports to help you understand your business's financial performance. This way, you can make data-driven decisions that will steer your float therapy spa business towards growth and profitability.

In summary, Bench Accounting is competent in handling the unique transaction complexities involved in a float therapy spa business, giving you peace of mind as you focus on delivering exceptional service to your clients.

If you’re running a float therapy spa, you can claim several tax deductions including operating expenses, advertising and promotion costs, maintenance costs, therapies and treatments, equipment and furniture, professional fees, utility bills, and sometimes even interest on business loans. Each industry and profession has unique tax rules; therefore, it's crucial to work with experienced professionals like Bench Accounting.

Bench Accounting provides professional bookkeeping services for small businesses and is well versed in tax laws and regulations for different industries. With Bench Accounting, you get a dedicated team that categorizes your transactions and prepares financial statements monthly. At the end of the year, we also prepare your income tax return and help maximize your tax deductions, ensuring everything is accurate to save you valuable time and money. Bench Accounting helps you claim all applicable deductions, ensuring you don't miss out on any potential savings.

Bench Accounting can make managing payroll and tip allocation for your float therapy spa easy and stress-free. We provide a comprehensive bookkeeping service that can handle all of your payroll needs, including employee payments, taxes, and benefits. Moreover, our team understands the complexities that come with tip allocation in the wellness industry. We help you keep track of these extra earnings and ensure they are allocated correctly, aligned with the fair labor standards. Let Bench handle your finance operations so you can focus more on delivering a relaxing and restorative therapy experience for your clients.

Nope! All bookkeeping is completed in-house.

Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.

We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.