Restaurant Accounting to Drive Growth

R365 Accounting is the engine of growing restaurant groups, helping improve margins and scale without adding overhead thanks to frictionless POS integration, a direct general ledger connection, automated accounts payable, and real-time reporting.

restaurant accounting software

AP Automation

Automate Accounts Payable

Modernize your entire accounts payable process from invoice capture to approval workflows with cost-effective payment options.

Modern Banking

Modern Banking

Securely Connect to Your Bank

Direct integration with your bank lets you see and manage all financial transactions in real-time with a single click.

Fixed assets

Easily Track All Fixed Asset Categories

Track the lifetime costs of all your fixed assets, from real property and technology to kitchen equipment, furniture, and more.

Easily Track All Fixed Asset Categories
Budget and Forecast Smarter

Budgeting and Forecasting

Budget and Forecast Smarter

Drive your restaurant group toward its full potential with the ability to budget for multiple locations simultaneously.

Financial Reporting

Take Your Financial Pulse

Visualize your restaurant group’s financial health with out-of-the-box or custom reports at the frequency and detail you need to make data-driven decisions.

Restaurant Financial Reporting​

Drive Growth with Restaurant-Specific Accounting and Payroll Software

Accounting and payroll software helps businesses easily and accurately manage their finances while enabling them to streamline their operations for greater efficiency. Accounting software for restaurants is specifically designed to help them take control of their finances and short- and long-term operations to boost margins, improve guests’ experiences, and grow. With restaurant accounting and payroll software, restaurants can view all their accounting information in a single dashboard, making monitoring and improving various aspects of their accounting process simpler. Rather than keeping written records, operators can compile all accounting-related items into one centralized platform for easy, quick, and accurate viewing. They can also manage their payrolls and ensure they pay employees correctly and on time.

Some accounting and payroll software even offers automation capabilities, meaning that users can automate some of the manual, time-consuming tasks that often take away from more important work. This software can help businesses stay organized and ensure that their back-office functions are always running perfectly. It also fosters better collaboration between teammates, allowing them to work together to solve problems in the system and improve how they handle their finances and operations. This way, accounting and payroll software provide holistic control over the accounting process, helping users get a detailed and big-picture view of their finances and enabling them to correct course or pursue new opportunities quickly.

Restaurant365 is an industry-specific, all-in-one Restaurant Enterprise Management platform that includes accounting, store operations, and workforce tools. The software easily integrates with all your partners and vendors to streamline your accounting operations. What’s more, Restaurant365 makes it easy for restaurants to view and manage their inventory to control food costs better. Restaurant365 has scheduling tools for labor optimization. Ultimately, Restaurant365’s software helps restaurants manage all aspects of their finances so that they can control costs and manage their payroll, accounts payable, and overall profitability.

Accounting Software

Accounting software typically encompasses accounts receivable and payable tools, billing, stock and inventory, payroll, and more. Viewing a list of accounting software can give you a better idea of the different types of accounting software and how they can be used to enhance how your restaurant business manages its finances. Cloud accounting software enables users to access the platform wherever they work, as long as they’re connected to the internet. Cloud based accounting software can be more beneficial than other solutions, as it allows companies to easily store and access their data, no matter where they’re located or which device they’re using.

Good accounting software makes it easy for businesses to get a detailed and big-picture look at their finances. Restaurant365 offers the only all-inclusive, cloud-based accounting software for restaurants that helps users connect disparate systems to get a complete view of their accounting process. Trusted by more than 30,000 restaurants, the platform helps businesses connect their accounting tasks, bringing everything together in a centralized system for better operations, margins, and scalability.

Small Business Accounting and Payroll Software

If you’re a small business looking to simplify your accounting process, you might look for small business accounting and payroll software. These solutions are designed specifically to meet the needs of small companies. Small business accounting software with payroll provides tools for typical accounting management and enables users to manage their payrolls and make sure that payments are sent according to schedule. Because small business accounting software is built for small companies with limited accounting needs, it doesn’t always include the same features as standard accounting software. Suppose you are looking for payroll solutions and other related tools. In that case, it’s essential to do your research to find a restaurant-specific system that includes all aspects of the accounting process.

Restaurant365 is the best small business payroll software. It helps companies of all sizes with restaurant accounting and management. Whether you’re a small, growing business or a large, established organization, Restaurant365 can help you meet your accounting needs to achieve your larger goals. The platform offers many benefits to small, independent restaurants and large enterprise groups and franchises. These include easy invoice capture, streamlined approvals, automated payment processing, and daily pay. 

Accounting Software List

If you’re looking to purchase accounting software, it can be helpful to browse an accounting software list to learn more about your options while you look for a restaurant-specific solution. You might also consider viewing a list of accounting software for large businesses if you run a large business, or a list of accounting software for small businesses if you manage a smaller company. What matters most is that it’s an all-in-one system built for the restaurant industry. Additionally, it can be a good idea to study an accounting software comparison chart to see the differences between platforms and what each brings to the table. This is a great way to visualize the various benefits offered by different accounting solutions and to see the clear advantage offered by Restaurant365’s Restaurant Enterprise Management platform.

When it comes to restaurant accounting software, you have myriad options. However, it’s best to look for industry-specific software that provides the functionalities and benefits such as those offered by Restaurant365. This software is the best for restaurants because it is explicitly designed for restaurants and enables them to connect various elements of their accounting and operational processes for better financial management and higher margins. It provides greater visibility into workflows and control of the bottom line with better purchasing and inventory management.

Restaurant Payroll Software

Finding the right restaurant payroll software for your business is critical to improving your accounting process, retaining your team, offering guests excellent experiences, and growing. Payroll automation software can automate payments, send reminders, and even show users how to calculate payroll for tipped employees. In short, payroll software can enhance your standard payroll process, giving you deeper control of your payments, the status of your employees, and how to manage payroll based on various parameters. You can customize your software to suit your unique business needs so that you maintain accuracy and are always on top of your to-do list. 

Regardless of the structure of your workforce payroll system, you can benefit from an industry-specific solution that automates most or all of your payroll-related tasks so your team can focus on value-added work. Workforce payroll software is also a great way to keep tabs on your employees’ work hours and schedules. Rather than relying on memory or paper, you can easily keep track of your process via software so nothing is overlooked. Restaurants that use restaurant payroll software have more time to spend on other business operations, as they aren’t manually tracking their employees’ hours and schedules.

Accounting Software Examples

There are many different accounting software examples you can look to for a better idea of what digital accounting solutions entail. For instance, by viewing examples of accounting software packages, you can see which features and benefits are included with each software suite. For restaurants, an industry-specific, all-in-one software system like Restaurant365 is advantageous as it offers tools and solutions to help users manage all aspects of their accounting and business processes instead of just one piece of the puzzle. Platforms like these connect all software to the entire process so that users can easily view and manage their accounting tasks and see how it impacts the overall business.

As a restaurant owner or operator, you might know what it’s like to struggle with tools not built for the restaurant business. Industry-specific tools can be critical to ensuring your operations runs efficiently and profitably. It’s vital to find a solution that’s aligns with your needs, and software designed for your industry is what will enable you to succeed.

Inventory Accounting System

Inventory management solutions are among the most valuable features of restaurant accounting software. By maintaining control of your inventory, you can also control costs and generate more accurate forecasts for future needs. Restaurant inventory accounting software helps users manage their inventory to plan for food costs and get things ordered on time and in the right quantities. With a restaurant inventory accounting system, you can get a more accurate picture of your inventory to help you better control costs, and inventory accounting software allows you to do just that.

Restaurant management software can help users digitally track restaurant inventory while doing much more to drive success. Restaurant365’s inventory management software allows restaurants to identify hidden food cost issues. The software makes it easy for users to purchase the right amount of food based on past data and future forecasts, preventing them from overspending and ensuring they have enough to meet their expected needs. You can also map your recipes using sales data to generate reports detailing your exact food needs. By managing your inventory on a cloud-based, sophisticated Restaurant Enterprise Management platform, you can better manage your inventory, helping you to boost margins and grow more efficiently and quickly.


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simple accounting software for restaurant

R365 Customers Succeed with Restaurant-Specific Accounting

The intercompany is phenomenal. With multiple companies in Canada that do a lot of intercompany transfers, BLCO is now able to condense transfers into one entry, versus going in and out of multiple entities to ensure they’re all in balance at the end of the month and year.
Sarah Ballard,
BLCO Enterprises,
Director of Finance
It wasn’t until we switched to Restaurant365 that we really understood how much of a pain point that core limitation of QuickBooks actually was. With Restaurant365, we simply choose the 13 four-week accounting cycle, and we’re off to the races. To get the information we need, we just click the period we want and it’s all right there.
Robert Madsen,
DD Enterprises,
Former CFO
I upload the bank data, go to the reconciliation, and everything’s already matched — there’s zero difference between the amount the bank says went out and what we said went out. I approve it and move on. It’s almost fun because I know that it’s going to get done so quickly and easily.
Colin Healy,
HOUSEpitality Family,
CFO
Spend Less Time Crunching Numbers and More Time Growing

R365 Accounting

Looking Solely for Restaurant Accounting Software?

Learn how R365’s industry-specific accounting software is perfectly tailored to help your restaurant group's Accounting team drive the business forward.

FAQ

Get answers to the most frequently asked questions by restaurant Finance and Accounting teams about R365 Accounting.

There is no additional charge for POS integration. R365 provides direct integration to more than 100 major point of sale systems as a foundational part of the software. 

Yes. R365 allows you to set the parameters of permissions for different users. For example, you might not want store-level managers to have access to corporate-level financial data, but you can give them access to their stores’ data.

Yes. All real-time accounting data that’s available to your Accounting team can be accessed by all stakeholders simultaneously from any device with an internet connection.

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R365 Accounting

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