The challenge: plenty of cash revenue… and a murky picture
The salon took in cash and card payments in abundance, so cash reconciliation errors recurred every month. The monthly revenue report took long hours to assemble, while income per service stayed unclear. Recording expenses took time weekly, and a share of purchases went unclassified. The result: the salon owner did not know which service was profitable and where expenses went.
- Recurring cash reconciliation errors every month.
- The monthly revenue report took long hours.
- Income per service was unclear.
- A high share of purchases went unclassified.
The solution with Qoyod: each service’s income and expenses, clearly
The salon organised its revenue and expenses on Qoyod, where revenue is recorded by service and expenses are classified in one place. Four capabilities made the difference:
Recording revenue by service
Each service’s revenue is recorded on its own, so income per service becomes clear in a monthly report instead of staying an aggregate figure.
Classifying payments by method
Payments are classified by cash and card, making cash reconciliation with the cash box easier and cutting monthly errors.
Tracking expenses and purchases
Expenses and purchases are recorded and classified, so unclassified purchases fall and it becomes clear where expenses go.
Clear monthly reports
Because revenue and expenses live in one system, the monthly revenue report comes out in ninety minutes instead of hours.
Results in numbers: before and after Qoyod
“We now know the highest-earning services and where expenses go, without scattered ledgers.”
Salon owner · Services
Why beauty salons specifically?
A salon sells multiple services with plenty of cash and card payments, so the numbers can easily get mixed up and income per service goes missing. When revenue is recorded by service and payments are classified by method, the highest-earning services become clear and cash reconciliation errors fall. That is why Qoyod’s impact on this salon was clarity in revenue and expenses, not just recording the books.