Best Bookkeeping Software for Bookkeeping
Maximize efficiency and cut costs with Restaurant365, the best bookkeeping software for restaurants. This powerful solution offers daily sales tracking and comprehensive reporting, automated bank reconciliation, and instant access to real-time financial insights. Streamline workflows with AP automation and enjoy seamless integration with POS systems and third-party platforms, all within one robust platform.
Streamline Precision & Automate Accuracy
R365 bookkeeping software ensures records are always accurate and up-to-date. With real-time sales tracking, automatic bank reconciliation, and accounts payable automation, you can eliminate manual errors and focus on what truly matters—running your business.
- Integrate with your POS to automatically record daily sales data.
- Match bookkeeping records with bank account transactions, quickly identifying discrepancies.
- Create detailed reconciliation reports, making it easier to track financial health.
- Digitally capture invoices, create customizable workflows, and facilitate secure electronic payments.
Unlock Insights with Restaurant Bookkeeping Software
With restaurant bookkeeping software, generate the data your business needs to run more efficiently and profitably. With Restaurant365, gain powerful insights through comprehensive financial reporting and analysis, enabling smarter decisions and better outcomes.
- Generate daily profit and loss statements for instant insights into financial performance.
- Monitor key metrics like food and labor costs to optimize menu pricing and staffing strategies.
- Access intuitive dashboards displaying crucial financial metrics and trends, supporting strategic decision-making.
- Create real-time sales reports that offer clear insights into revenue streams.
Bookkeeping Software with Dynamic Integrations
Streamline your restaurant’s operations with R365 bookkeeping software. Connect your POS, third-party apps, and mobile devices for smooth data flow and efficient management—all in one user-friendly platform.
- Integrate with third-party systems for a comprehensive operational view.
- Navigate an intuitive interface that simplifies bookkeeping software, even for users with limited accounting experience.
- Access financial data on the go, empowering decision-making anytime, anywhere.
R365 is a valuable partner for us. It’s the resource and solution we need to accurately and proactively record and monitor our bookkeeping and accounts payable. R365 gives us the financial insight necessary to run our company in a profitable way.
Salem Najjar,
CPA and Chief Executive Officer
SERVE Hospitality Group (Tropical Smoothie Café Franchisee)
FAQ
Get answers to the questions restaurant accounting teams most frequently asked about restaurant bookkeeping.
Can Restaurant365 help me manage my restaurant’s finances if I have multiple locations?
Yes, managing finances for multiple locations is one of Restaurant365’s strengths. The platform consolidates financial data from all your locations, providing you with a comprehensive view of your business’s financial health. This allows you to easily compare performance across locations, manage cash flow, and ensure consistent financial practices throughout your organization. And even better – the software manages any intercompany activity automatically based on your legal entity structure!
How can I set up a chart of accounts for my restaurant using R365?
Your R365 software may be set up with a customizable chart of accounts tailored specifically to the restaurant industry, or with your own COA imported into the software. The global design of the software allows for fast and accurate financial comparison across all entity structures. You can easily create new accounts where necessary for precise categorization, gaining insight into your restaurant’s financial health.
What are the best ways to manage food and labor costs?
In the restaurant industry, proactively identifying areas of opportunity in Cost of Goods and Cost of Labor is critical to profitability and growth. Knowing these costs on a daily and weekly basis allows for strategic and tactical planning to solve issues with waste, errors, portioning or theft. With R365’s POS and invoice integrations, fast and accurate cost analysis is within reach. Our integrations eliminate manual processes, reduce errors, ensure financial accuracy, and allow for more time in analysis over data entry.
What should I look for in accounting and bookkeeping software for my restaurant?
When choosing accounting software for your restaurant, look for features that cater specifically to the restaurant industry, integrations and automations to improve workflows, unified tech stacks, plus onboarding and support teams with industry expertise which are all important in the competitive and evolving hospitality business. R365 offers all these features and more, tailored specifically for restaurant operations.
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Simplify Your Restaurant’s Finances with R365
Optimize your bookkeeping process and unlock real-time financial insights with the best accounting software tailored for restaurants.