As a restaurant business owner, one of your top priorities, as we’ve spotted from experience, is how you can offer the best meal at an appropriate price and get your customers come again. But do you know that bookkeeping also needs to be paid attention?
With proper bookkeeping and accounting, you can interpret your numbers, spot where your business sales are coming from and keep a tab on your finance on a real time?
In this guide, I will be sharing tips you should focus on before deploying accounting software for your restaurant.
Contact Us: info@accountingsoftware.com.ng
Read More: QuickBooks POS For Small Businesses
- Can the software integrate POS terminal with selected accounting software if the need arises.
- Does the system track the total cost of a menu?
- If you sell in packs, the accounting software should also factor in selling price.
- The software should also track all sales revenue on a daily, weekly or monthly basis for decision making.
- VAT deductions on sales should also be accounted for.
- The software should also track all fixed asset of the business.
- If you buy your items from suppliers, the system should also record all suppliers’ transaction including a payment made and outstanding balances on items ordered.
- If you wish to have multiple users on the system, such software should also create room for central data file storage (on a server) while each of the users can access it from a different department.
- Management should also view the company’s performance at a glance: Profit or loss, cash flow and financial position.
While these are some the basic features of accounting software customized for restaurant, you can connect us for more inquiries and implementation service:
Email: info@accountingsoftware.com.ng