Keith Kinard, Controller
With our old accounting software, our period close took 2 weeks. With Restaurant365, it is one week and getting shorter. The investment of time to convert has long since paid for itself.

Keith Kinard, ControllerSteak 44 and Michael Dominick's

JJ Pledger
We review the controllable store-level financials we obtain from Restaurant365 with our store managers immediately after the end of each period. We are able to identify specific areas to focus on with them. This timely direction we are able to provide to our managers is improving our store-level profitability and we like that.

JJ PledgerChief Bean Counter, Twisted Root Burger Co.

Restaurant Accounting Made Easy

The Restaurant Financials Module includes:

General Ledger
Accounts Payable
Accounts Receivable
Bank Reconciliation
Budgeting
Financial Reporting

Accounting at the Heart of the Restaurant365 Platform

Your restaurant business is more than just having good food.  It brings together the complexity of both the manufacturing and retail elements of business.  There are food sales, customer payments, people that work in your in and out of your restaurants.  There are vendor invoices and bills to be entered and paid.  There are budgets to be built and tracked.  There are banking transactions that are incurred.  There are stock counts, recipes and food costs that need to be reviewed.  You may have a catering division or are or plan to be a franchisor.    Every item mentioned is eventually and ultimately a financial transaction that should be recorded in your accounting system.   That is why the Restaurant365 platform is here for you.  It makes it easy and many cases, fully automates the creation of the financial transactions from all of these areas in your restaurant business.

It is the only truly browser-based restaurant-specific platform that combines all of these key restaurant modules with an integrated accounting backbone.  Restaurant365 was built from the ground up specifically for multi-unit restaurant companies.

General Ledger
  • Retail Fiscal Periods

  • Your Chart of Accounts

  • Automated Intercompany

  • Fixed & Variable Based Budgeting

  • Cash Forecasting

  • Customizable Financial Reports

  • Out-of-the-box Restaurant Financials

  • Setup Non-Restaurant Businesses

  • Departmental Cost Center Tracking

  • Auto-creation of Daily Sales Journal Entry for each location

  • Auto-creation of Daily Labor Accrual Entry for each location

Accounts Payable
  • Print 1099 Forms for Vendors

  • Global Check Run

  • MICR Check Printing w/ Electronic Signatures

  • Pay Vendors via ACH

  • AP Aging by Location

  • Positive Pay

Accounts Receivable
  • Import/Export Transactions from/to Microsoft Excel

  • Multi-field, Multi-Transaction Type Search

  • Transaction Approval Workflow

  • Drill down to source transactions from any report

  • Powerful Audit Tracking

  • Attach Images/files To Transactions

  • Shares the same database as the Operations module

System Wide Features
  • House Account Ticket Detail Imported From POS

  • House Account Billing Automation

  • Email Customer Invoices w/ your logo

  • Franchisee Royalty Billing g