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The Advantages of Connecting Your Restaurant Group’s Payroll and Accounting Systems

Restaurant365

With separate systems that don’t fully “talk” to one another, you may be required to import data back and forth, a manual process that can be time consuming and lead to errors. Payroll and accounting are some of the most complex, and critical, responsibilities for a restaurant. At the core, restaurant payroll is an accounting function.

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Simplify Restaurant Accounts Payable with Automation

Restaurant365

Instead, AP automation enables a range of automated bill payment options, including check, automated clearing house (ACH) and virtual credit cards. AP automation virtually eliminates time-consuming, error-prone data entry, and enables your managers to focus on customers and front-of-house operations. Data Entry and GL Coding.

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5 Top MarketMan Competitors and Alternatives (Compared)

Apicbase

The right restaurant management software significantly enhances efficiency and control of operating costs. MarketMan offers tools for automating invoicing, recipe costing, and food cost calculations, making it a popular choice among restaurateurs. It runs in the cloud, so these functions are available wherever you are on any device.

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Intercompany Accounting Best Practices for Restaurant Businesses

Restaurant365

Most multi-unit restaurant groups run each of their locations as a separate legal entity. Each entity and store has its own P&Ls and balance sheets. If all entities are held under a holding company, the GAAP financial statements can be consolidated to see the true picture of the overall business. Intercompany debt.

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New & Notable: TEAM Schostak Celebrates 40, AI in Food Service and Beachy Tech

Modern Restaurant Management

New & Notable spotlights the latest news restaurateurs need to know. TEAM Schostak Family Celebrates Anniversary and Employees. TEAM Schostak Family Restaurants (TSFR) is celebrating its 40th anniversary along with the anniversaries of employees that have been with the company for 20 years or more.

Food 164
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International Women’s Day Special: Here’s What Our Industry Leaders Have to Say  

The Restaurant Times

International Women’s Day is a day to celebrate the achievements of women and to raise awareness about gender inequality. Every year on March 8th, people around the world recognize the progress made by women in different fields and acknowledge the challenges that still lie ahead.

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What’s Next?: MRM Restaurant Survival Guide Updates

Modern Restaurant Management

Restaurant employees can apply online to receive a one-time, $500 check to use toward bills, including housing, transportation, utilities, childcare, groceries, medical bills and/or student loans. The Foundation will administer the grants, offered on a first-come, first-served basis. Live in the U.S., an overseas U.S. state or territory.