Finance Management

Simplify your accounting practices and ensure all of your financial data is accurate.

Essentials of Payroll Accounting for Restaurant Groups, Part 2

As explored in Part 1 of this blog series, your payroll accounting systems overlap with many different parts of your restaurant business. Your payroll solution

Essentials of Payroll Accounting for Restaurant Groups, Part 1

How you run and track your payroll accounting has a significant impact on restaurant operations. From hiring and onboarding to running employee payments and paying

Simplifying P&L & Other Key Metrics

If you have anything to do with the financial success of your restaurant, knowing how to read and analyze a restaurant profit and loss (P&L)

Successful Restaurant Accounting for Non-Accountants

Every business relies on good accounting, but it is especially true in the competitive restaurant industry. Whether you’re a bookkeeper, accountant, restaurant owner, or store-level

Is Your Restaurant Leaving Money on the Table? Retention Tax Credits

Revisions to the Employee Retention Tax Credit (ERTC) are proving to be very profitable to restaurant owners. You can now do both a PPP loan

Everything You Need to Know About the $28.6 Billion Restaurant Revitalization Fund

With the goal of helping restaurants keep their doors open, this program will provide restaurants with funding equal to their pandemic-related revenue loss up to

Fixed Asset Accounting: Say Goodbye to Inaccurate Balance Sheets

BLOG / Fixed Asset Accounting: Say Goodbye to Inaccurate Balance Sheets Fixed Asset Accounting: Say Goodbye to Inaccurate Balance Sheets June 2, 2021 If you’re

How to Read a Restaurant P&L Statement and Other Essential Data for Store-Level Managers

If you manage a restaurant, you’ve probably heard this statement from above-store management: “You need to know how to read a restaurant P&L statement.” The

Reading Your Restaurant P&L Statement

This blog post was originally published on September 10, 2019 and updated on April 15, 2021. Understanding a restaurant profit and loss statement (P&L) is

The Employee Retention Tax Credit: Is Your Restaurant Leaving Money on the Table?

For restaurant owners seeking to obtain economic relief as a result of the coronavirus, the Employee Retention Tax Credit or ERTC should not be overlooked.

Maximizing Restaurant Accounting Efficiency to Increase Your Bottom Line

Staying competitive in the modern restaurant industry requires that you increase efficiency so that you can focus more time on strategies for reducing controllable costs

What the New 1099-NEC (Nonemployee Compensation) Means for Your Restaurant Business

If you are an owner, operator, or on the accounting side of your restaurant business, you’ve probably been hearing about the new 1099-NEC form for

Restaurant365 Helps Accounting Partner FTR Hospitality Save Millions for Restaurant Clients

Restaurant365 helps accounting partner FTR Hospitality save millions for restaurant clients through efficiences and accurate data.

Restaurant Budgeting to Control Costs

One of the most important yet frequently overlooked parts of a business is the budget. For restaurant owners and operators in particular, in the midst

Restaurant Inventory Management: Why Accounting Integration is Important

Running a successful restaurant business is all about spending your cash wisely. You invest a large amount of your budget in inventory. When that inventory

Guest Blog: Tax Strategies as You Reopen Your Restaurant

While many American businesses have been impacted by COVID-19, the restaurant industry is among those hit hardest. In response, many restaurants adapted to shutdowns across

Ten Essential Tips for Ensuring a Restaurant Break-Even Point

You’ve reopened your dining rooms at the allowable capacity in the geographic areas of your restaurant locations. You followed all the new health and safety

Guide to Modern Restaurant Accounting

Despite the unique challenges your restaurant faces, modernrestaurant accounting can help you eliminate hours ofmanual work, gain visibility across your organization andreduce controllable expenses. Next

Modern Accounting Impacts Profitability

Keeping track of your finances is time-consuming, and yet it has enormous implications for your bottom line. Staying competitive in the modern restaurant industry requires

Restaurant Accounting 101

The Complete Guide to Starting a Restaurant reviews some critical considerations for opening a new restaurant. Learn some common best practices for your accounting when

Accounting + Operations Together

In this video, customers talk about how they were able to use Restaurant365 to bring their accounting and ops teams together. BREAK DOWN THE WALL.

HOUSEpitality Family Cuts Food Costs by 1% and Saves 40 Hours a Week with Restaurant365

“It would be hard to overstate how much value we have gotten from Restaurant365,” said Mr. Healy. Indeed, since implementing the platform, HOUSEpitality Family has

Kabob House Slashes Prime Costs by 11% with Restaurant365 Accounting and Operations Software

Thanks to R365's ability to gather accounting, operations, and employee scheduling in one place and produce up-to-date reports that show opportunities for improvement, Kabob House

On-Call Restaurant Accounting Triples Its Client Base in Just Three Years as a Restaurant365 Accounting Partner

In this case study, learn how On-Call Restaurant Accounting tripled its client base in just three years as a Restaurant365 Accounting Partner.

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