Bookkeeping for laundromats and coin laundries
Laundromats collect cash, coins and cards, run on utility bills, and finance expensive machines. Mispar reconciles coin and card revenue to deposits, separates wash-and-fold and vending income, tracks utilities and equipment loans, and prepares monthly books in your own QuickBooks Online or Xero file. Plans start at $229/mo.
Best for: Self-service laundromats, wash-and-fold services and owners with one or several coin laundry locations.
Reconciled
Coin and card revenue
Separated
Wash-and-fold
Itemized
Utilities
Tracked
Machine loans
Where laundromat books usually go wrong
- Coin and card income not reconciled to machine reports.
- Utilities and water costs spread without comparing them to usage.
- Equipment financing treated as an expense.
- Wash-and-fold and vending income mixed with self-service.
How Mispar keeps your laundromat books clean
Industry-specific accounts and categorization, with the reporting scope agreed before work starts.
Coin, card and app revenue
Reconcile coin collections, card readers and app payments to deposits, so revenue comes from collected records and not only from the bank.
Wash-and-fold and vending
Keep attended services, vending and drop-off income apart from self-service revenue so each stream can be reviewed.
Utilities
Track gas, water, sewer and electricity by account and month, because utility bills are the biggest swing cost.
Equipment financing and repairs
Separate machine purchases and loans from repairs, with interest and principal kept apart.
Attendants and payroll
Reconcile wages and employer costs to payroll reports for attended hours.
Rent and multiple locations
Keep rent and location costs separate so each store can be compared when records allow.
Vending, soap sales and other income
Record vending and soap sales, and sales tax where it applies, each in its own account, so smaller income lines do not disappear inside coin revenue.
Reports a laundromat can use
- Income by source: machines, wash-and-fold and vending.
- Utility cost as a share of revenue.
- Machine loan balances and payments.
- Deposits matched to coin and card collections.
A simple, predictable process
From kickoff to your first clean close, here is exactly what happens.
Learn how money reaches you
We list coin counts, card reports, app payouts and deposit schedules.
Set up revenue streams
Self-service, wash-and-fold and vending are given their own accounts.
Reconcile each month
Collections, deposits, utilities, payroll and loan payments are matched to the bank.
Deliver monthly statements
Monthly statements arrive ready for your CPA with an open-items list.
Illustrative example
A cash collection is deposited three days after it is counted. Recording the collection date and the deposit date keeps revenue in the right month and shows whether anything is missing between the two. This is an illustration of the method, not a customer case or a guarantee.
Laundromats bookkeeping — your questions
How do you handle cash revenue?
From your collection records and deposit slips, matched to the bank, so differences are visible. We do not verify cash counts.
Can you track each machine or location?
By location, when deposits and costs can be identified by site. Machine-level tracking is agreed as extra scope.
What about card and app fees?
Processor and app fees are broken out from gross revenue, not netted inside deposits.
How are machine loans recorded?
As liabilities, with interest as an expense and principal reducing the loan.
Do you help with utility cost swings?
We keep each utility in its own account, so a rise in gas or water is visible in the monthly statements.
Can you reconcile coin and card income?
Yes. Collections reports are matched to deposits so differences are explained.
Can you separate vending from laundry revenue?
Yes. Vending, soap sales and attended services get their own accounts, so each can be compared against the self-service income.
Explore other industries
Restaurants
Prime cost, tip pools, POS reconciliation, and food/beverage COGS — booked the way a restaurant actually runs.
Learn more →E-commerce
Multi-channel reconciliation, FIFO/weighted-average inventory, COGS at ship date, and sales-tax nexus done right.
Learn more →Retail
POS reconciliation, COGS, shrinkage, vendor payables, and sales-tax remittance — clean end to end.
Learn more →Customers slow to pay?
Our in-house collections team calls and emails customers who owe your company money, so you can stay focused on the work.