Xtra Chef

AUGUST 26, 2020

But a more detailed CoA can help restaurants tell their story through data, stay audit-ready, and easily uncover inefficiencies that are costing the business money. Consider this: you make a $20 sale for a to-go order at your restaurant. Your CoA is set up to code all sales the same way. Keep reading for his insight!

Point of Sale 112

Point of Sale Article Book 2011 112

Xtra Chef

JULY 22, 2020

To begin with the basics, a General Ledger is used as the source of truth for all points of accounting. In restaurants or restaurant groups, the General Ledger would include things like vendor purchases, labor expenses, and daily sales. It tracks every transaction made during the lifespan of a company.

Point of Sale 78

Point of Sale Food Order Audits Demo 78

Restaurant365

MARCH 30, 2022

However, at some point, you may question whether it is time to purchase restaurant accounting software to get you out of the office and back to concentrating on good food and great service. 6 signs it’s time to take the leap from bookkeeping to accounting software. As a restaurant operator, you are the backbone of the restaurant.

Inventory 78

Inventory Point of Sale Audits Information 78

Restaurant365

SEPTEMBER 30, 2019

All approval process workflows are accessible through a centralized email or dashboard, and an audit log tracks all decisions. Accounts payable, step-by-step. Accounts payable automation helps restaurants track accounts payable activity and is usually comprised of three steps: Step 1: Capture. Step 3: Pay.

Audits 60

Audits Cash Management Mobile Ordering Point of Sale 60

Xtra Chef

DECEMBER 11, 2019

Restaurant accounting is certainly not the most glamorous part of running a restaurant. Yet, without proper restaurant accounting, it is impossible to control your finances and keep your restaurant in business. Restaurant accounting activities include everything from accurately recording transactions to creating detailed financial reports.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Restaurant365

JULY 17, 2020

Eliminating the sale of goods or services from one entity to another entity within the group. The reason for these eliminations is that a company cannot recognize revenue from sales to itself; all sales must be made to external entities. Most multi-unit restaurant groups run each of their locations as a separate legal entity.

Point of Sale 78

Point of Sale Consumer Goods POS Front of House 78

Restaurant365

AUGUST 12, 2021

But having this data stored in your point of sale (POS) system or other restaurant systems doesn’t mean anything by itself. For 21st-century companies, data is a powerful tool that can help improve nearly every area of business. To be successful, your organization needs to create a culture of actually using data.

Leadership 78

Leadership Inventory Hiring Point of Sale 78

Xtra Chef

OCTOBER 28, 2020

Restaurant inventory management is the process of tracking and managing the sale, ordering, storage, and movement of stock to demonstrate how much you have of each item and enable you to replenish those items promptly to meet demand. But having too little inventory makes it difficult to meet customer demand. Table of Contents.

Inventory 78

Inventory Management Management Cash Management 78

Apicbase

JUNE 11, 2024

Book a Demo 2. The goal is a supply chain where deliveries are always on time, costs are controlled, and operations run smoothly, even during unexpected challenges. A well-designed restaurant supply chain system prevents mistakes, even in the face of unexpected challenges. People respond to honesty, transparency, and respect.

Supplies 52

Supplies Management Management Food Supply 52

Apicbase

MAY 8, 2024

The right restaurant management software significantly enhances efficiency and control of operating costs. MarketMan offers tools for automating invoicing, recipe costing, and food cost calculations, making it a popular choice among restaurateurs. It runs in the cloud, so these functions are available wherever you are on any device.

Inventory 52

Inventory Food Supply Back of House Kitchen Safety 52

Apicbase

APRIL 20, 2022

Instead, we embrace the dark side and look at the pain points and pitfalls. Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. However, like every business model, it has a few drawbacks you should consider. Brace yourself. Here we go. 4 Signs You Are Not Ready To Franchise.

Franchise 52

Franchise Franchising Cash Management Kitchen Safety 52

Apicbase

MAY 18, 2022

Besides cost estimates, audited financial statements and projections should be included, like: the expected growth rate for (at least) the first year; the estimated restaurant cash flow; the expected payback period. Managing a chain of company-owned restaurants is very different from working with franchisees. Devote enough time to training.

Franchise 52

Franchise Franchising Sustainability Document 52

Gourmet Marketing

AUGUST 14, 2021

Potential clients can request a demo, whereby the sales team will get in touch to answer any questions regarding the product. Clients will be requested to give a link to their website for analysis and determination of an appropriate price point for them. Signing up for Accessibe is rather easy. AccessiBe Pricing Model.

Point of Sale 98

Point of Sale Audits Certification Demo 98

Modern Restaurant Management

JUNE 19, 2020

In this edition of MRM News Bites, we feature links for PPP Forgiveness, new Yelp features and more products and services for restaurant recovery. PPP Forgiveness Links and EZ App. Did not reduce the salaries or wages of their employees by more than 25 percent, and did not reduce the number or hours of their employees; OR.

Food Safety 362

Food Safety Customer Experience Website Management Employee Relations 362