Connect your financial institutions directly to R365 to easily and automatically see and download all transactions. Cut bank reconciliation from days to minutes and give your team time back to focus on growth.
Restaurant365 integrates your financial institutions directly into your accounting platform, automating reconciliation and giving you complete visibility in real time.
Paul Potvin, CFO
California Fish Grill
Connect your financial accounts to R365 to automate bank reconciliation and accounts payable, all in real time, from one platform.
RESTAURANT BANKING RESOURCES
Managing restaurant finances goes beyond accounting, it also requires reliable, streamlined banking solutions. This FAQ addresses common questions about how R365 Banking integrates with POS systems, banks, and accounting software, as well as how it handles disputes, chargebacks, and transaction issues. You’ll also learn what to expect from the platform’s intuitive dashboard designed to simplify financial and banking tasks.
R365 Banking integrates directly with many banks to pull in transactions and simplify reconciliations, while also connecting POS systems so sales and labor data flow seamlessly into accounting. It automatically creates journal entries and daily sales summaries, reducing manual entry. However, bank transfers themselves still need to be executed outside the system and then recorded in R365.
R365 reflects these items when they appear in your bank feed or imported transaction file, allowing you to record and reconcile them in accounting. This means resolution occurs outside R365, but the financial impact is tracked accurately within the system.
The R365 dashboard provides customizable widgets that give clear visibility into financials, banking activity, and key restaurant metrics. Users generally find it intuitive once configured, though there can be a learning curve for new users. Overall, it helps streamline access to financial and operational insights in one place.
Restaurant365 bridges the gap between accounting and operations by centralizing all data, helping restaurant operators to become more efficient, accurately forecast, and tackle any challenge or opportunity with speed and accuracy.
