Hospitality Magazine

FEBRUARY 6, 2023

A digital menu gives you endless flexibility to experiment with new dishes, drinks and pricing. If something doesn’t work, it’s gone in minutes, or you can raise the price if it’s a success. If you’re already using online rostering and booking services, integrate them with bookkeeping, payroll and marketing.

Bookkeeping 162

Bookkeeping Pricing Book Customer Service 162

Modern Restaurant Management

AUGUST 26, 2022

Say goodbye to tedious manual calculations, data transfers, paychecks, balancing the books, and more. Compare that value to spending several thousand a month on full-time bookkeeping or paying your staff their hourly wage to cut checks. Automation takes these disastrous possibilities off the table.

Back of House 208

Back of House Bookkeeping Front of House Accounting 208

Synergy Suite

JUNE 3, 2024

That’s why mastering the art of restaurant bookkeeping is a skill not to be overlooked. This guide will walk you through the essentials of restaurant bookkeeping, offering techniques to streamline your financial processes and ensure your venture flourishes. What Is Restaurant Bookkeeping and Why Is It Important?

Bookkeeping 52

Bookkeeping Accounting Information POS Systems 52

7 Shifts

AUGUST 2, 2024

Step 2: Look for a trustworthy restaurant accountant Even if you already know the restaurant bookkeeping and accounting process well, we suggest hiring a professional accountant to help ensure your business complies with local tax, payroll, federal, and state laws. As a rule, this should make up about 1/3 of your total expenses.

Accounting 158

Accounting Bookkeeping Pricing Budgeting 158

Revenue Hub

JUNE 23, 2023

The uncertain economy, combined with the increased supply of vacation rental properties, not to mention more online travel aggregators (OTAs) and direct booking options, is creating more competition than ever among vacation rentals. As such, booking windows and patterns have become extremely difficult to predict.

Pricing 98

Pricing Bookkeeping Property Management Book 98

Synergy Suite

JULY 20, 2024

What Is Restaurant Bookkeeping and Why Is It Important? Restaurant bookkeeping is a crucial aspect of managing a successful restaurant business. Effective bookkeeping provides owners and managers with valuable insights into the financial health of their restaurants and helps them make informed decisions to improve profitability.

Bookkeeping 52

Bookkeeping Scheduling Accounting Information 52

7 Shifts

MAY 23, 2024

Food cost percentage When deciding how much to price your menu items, TouchBistro advises keeping the food cost percentage anywhere between 20% and 40%. Solutions can include preparing for possible changes in pricing, staffing, customer trends, and new technology. Most restaurants try to keep it at around 30% to be safe.

Budgeting 88

Budgeting Bookkeeping Accounting Scheduling 88