Accounting

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General Leger
  • 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 Receivable
  • House Account Ticket Detail Imported From POS

  • House Account Billing Automation

  • Email Customer Invoices w/ your logo

  • Franchisee Royalty Billing g

Banking
  • Daily Deposit Tracking

  • Automated Bank Reconciliation

  • Bank Transfers

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

System Wide Features
  • 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

Accounting Reports

See samples of all the reports that come with Restaurant365′s Accounting module.

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5 Days Average

Using QuickBooks or non-restaurant specific accounting software it takes on average 10 business days after the end of a period to close the books and send out completed financial statements to the Operations team. With Restaurant365 the average is 5 days.

30 Percent

Restaurant Accountants spend approximately 30% of their total work time performing manual tasks that are automated with Restaurant365.

90 Percent

90% of Restaurant Businesses don’t maintain an updated financial budget for each store . Restaurant365 simplifies this process and puts an up-to-date financial budget in the hands of both accounting and operations.

Testimonials

What our customers say about our services

Kelly Allison
As the CFO for a growing restaurant company, you have to find great partners who are willing to grow with you and add value to your organization through innovative platforms. R365 is such a company. They have a solution built on a world class platform and a team that cares enough to listen to the needs of its clients and continually strive to enhance its offering. That is a powerful combination in today’s world.

Kelly AllisonCFO, MOD Super Fast Pizza, LLC

Michele Pogue
Restaurant365 saves me 2 full days of work per week compared to what we did using QuickBooks and spreadsheets. I now spend that time on more strategic efforts in helping to build our business.

Michele PogueController & Office Manager, Zito’s Pizza

Case Studies

Some of the companies we work with