7 Shifts

AUGUST 18, 2024

Table of Contents The Costs of Opening and Running a Restaurant The Difference Between Fixed and Variable Cost Understand And Calculate Your Prime Cost Understand And Control The 5 Major Restaurant Costs Restaurant Labor Costs Restaurant Food Costs Restaurant Utility Costs Restaurant Kitchen Equipment Costs Restaurant POS System Costs Ready?

License 370

License Equipment POS Food Supply 370

Lavu

MARCH 7, 2025

Tools like cloud-based POS systems simplify the process by automating updates and securing payment data. Seasonal workers and new hires require ongoing security training, making consistent protection harder to maintain. Most restaurants using modern POS systems will need SAQ B or SAQ C. Here’s what that involves: 1.

POS 78

POS Guest Recovery Document Audits 78

7 Shifts

MAY 15, 2023

Updating your payroll records in case of an audit. In conjunction with charge tips on checks, weekly payroll provides audit transparency regarding direct and indirectly tipped employees. Hiring a payroll specialist or using payroll software can help you avoid common mistakes. "I Paying employees what they are owed on time.

2023 195

2023 Tip Distribution Audits Restaurant Law 195

Modern Restaurant Management

MARCH 11, 2020

Focused on empowering small- and medium-sized businesses (SMBs) by providing enterprise-level solutions at affordable prices, the SpotOn ecosystem goes way beyond traditional payment processing and point-of-sale (POS) software. Como Essentials is fully integrated with the Revel POS to enable a seamless customer engagement solution.

Bar 386

Bar Cash Management Loyalty Program Point of Sale 386

Modern Restaurant Management

APRIL 2, 2020

Checklist app automates daily food safety and operational task management as well as regular maintenance and audit procedures. If an establishment needs additional staff to operate efficiently, they’re able to hire help via Qwick. It is applicable only to new merchants running the Toast POS. ” The BOHA!

Employee Relations 516

Employee Relations Healthcare Online Ordering Customer Service 516

Lavu

MAY 16, 2025

Integrated POS Systems : Combine time tracking, tip allocation, and payroll processing for seamless operations. By adopting modern tools like automated systems or integrated POS platforms, restaurants can cut errors, save time, and stay compliant. compared to in-house systems. Let’s explore these solutions in detail.

Tip Distribution 78

Tip Distribution Management Management Cash Management 78

Paper Chase Accountancy

JUNE 16, 2025

Audit Support: They keep records that can support business audits, helping to validate calculated ratios. Why should I hire a hospitality accountant for my restaurant? Integrating these tools with your POS and financial reporting platforms enhances real-time insights. Then divide the result by total revenue.

Hotels 82

Hotels Hospitality Cash Management Restaurant Law 82

Paper Chase Accountancy

JUNE 16, 2025

Audit Support: They keep records that can support business audits, helping to validate calculated ratios. Why should I hire a hospitality accountant for my restaurant? Integrating these tools with your POS and financial reporting platforms enhances real-time insights. Then divide the result by total revenue.

Hotels 82

Hotels Hospitality Cash Management Restaurant Law 82

Paper Chase Accountancy

MAY 30, 2025

IRS Audits: Inaccurate or incomplete records can trigger costly and time-consuming IRS audits, leading to significant penalties and fines. Daily Bookkeeping Tasks Sales Reconciliation: Compare daily POS (Point of Sale) reports (cash, credit card, gift card sales) with actual cash deposits and credit card settlements.

Bar 52

Bar Cash Management Point of Sale Back of House 52

Restaurant365

AUGUST 19, 2020

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Tailor your hiring and recruiting practices. The first step in reducing high turnover is to examine your hiring and recruiting practices. How are you communicating with your potential new hires?

Restaurant Law 131

Restaurant Law Recruiting Employee Relations Food Safety 131

Restaurant365

DECEMBER 10, 2021

Full integration between your payroll software, accounting system, and point-of -sale (POS) system can help eliminate this manual import and offer substantial time savings. If you have full POS integration with your accounting software, you can seamlessly transfer detailed labor data.

Point of Sale 146

Point of Sale Back of House Front of House POS 146

7 Shifts

MAY 1, 2024

On a similar note, when searching for a modern cloud-based POS system to keep track of your sales, look for one that can be integrated into other restaurant software. Some of the best POS systems you can try include Toast, TouchBistro, and Square. Many restaurants opt to hire part-time employees to avoid this expense.

Cash Management 221

Cash Management Employee Relations Inventory Beverage 221

Lavu

JANUARY 21, 2020

You can also use a tool like Sourcery to derive and process data from your POS system. When restaurant accounting software is integrated into your restaurant POS system , it puts all the operational and accounting information in a single database. A POS system helps in keeping a better track of your inventory.

Audits 78

Audits Back of House Front of House Point of Sale 78

The Restaurant Times

FEBRUARY 22, 2022

Do yourself and your organization a favour and hire a consultant when you’re developing a new project, extending your distribution, or if your firm is in jeopardy! However, it is riskier than hiring staff because, unlike hiring people, you normally have a trial period to determine if they are a good fit. .

Hiring 52

Hiring Food Kitchen Safety Food Safety 52

Paper Chase Accountancy

MAY 21, 2025

Point-of-Sale (POS) System Integration: Seamless integration of POS data into accounting systems is crucial for real-time sales tracking, accurate revenue recognition, and identifying trends. Knowledge of Industry-Specific Tools: Are they proficient with common hospitality POS systems (e.g., Opera, Cloudbeds)?

Hospitality 52

Hospitality Sustainability Cash Management Hotels 52

Harbor Touch

MARCH 18, 2025

With a POS system like SkyTab and solid accounting software, you can track it all without losing your mind. A restaurant POS system like SkyTab, though, has no upfront cost, just $29 per month. For his SkyTab POS, he deducts the $29 monthly fee as an ongoing expense. Example: A diner I know hired two vets, claimed $4,800.

Point of Sale 78

Point of Sale POS Restaurant Law Equipment 78

Harbor Touch

MARCH 18, 2025

With a POS system like SkyTab and solid accounting software, you can track it all without losing your mind. A restaurant POS system like SkyTab, though, has no upfront cost, just $29 per month. For his SkyTab POS, he deducts the $29 monthly fee as an ongoing expense. Example: A diner I know hired two vets, claimed $4,800.

Point of Sale 78

Point of Sale POS Restaurant Law Equipment 78

The Restaurant Times

JUNE 11, 2021

A good POS system for restaurants contains features such as tablet billing, stock and inventory management, analytics and reports, CRM and many others. Installing a POS system for restaurants is the best way to do that. 8 Features To Look For In POS System For Restaurants. It enables you to manage each task efficiently. .

POS 52

POS Mobile Ordering Loyalty Program Online Ordering 52

Paper Chase Accountancy

JUNE 26, 2025

Efficient Auditing : The digital nature of cloud bookkeeping simplifies the auditing process, making it less time-consuming and more accurate. Cost-effective : Outsourcing eliminates the need for hiring and training an in-house team, resulting in considerable savings. How can restaurants benefit from cloud bookkeeping systems?

Hospitality 82

Hospitality Information Audits Small Business 82

Paper Chase Accountancy

JULY 7, 2025

Integration Works seamlessly with other restaurant management systems like POS and inventory. Integration with POS systems : This ensures seamless data transfer for accurate accounting. By ensuring compliance with taxing authorities, they reduce the risk of penalties or audits. Choosing the right service is crucial. Absolutely.

Cash Management 52

Cash Management Hotels Restaurant Law Small Business 52

Harbor Touch

APRIL 17, 2018

If you purchase equipment, like a restaurant POS system , for example, it may be eligible for depreciation deductions. If you are audited, and the IRS believes you are overcompensating employees based on other amounts reported within the restaurant industry, you may not be able to deduct them fully. Expensing Asset Purchases.

Employee Relations 97

Employee Relations Insurance Point of Sale Cash Management 97

The Restaurant Expert

FEBRUARY 14, 2019

Check your employees’ pay rates in your POS system. You must, and I mean MUST, audit your timekeeping in your restaurant point of sale (POS) system. This means checking and adjusting employee information in your POS to match what you currently pay each employee and make sure they are assigned to the right job codes.

Audits 54

Audits POS Point of Sale Download 54

Chowly

MAY 21, 2025

By consolidating over 10 tools into one systemmenus, listings, ads, pricing, POS integrationwe help independent restaurant operators cut costs and reclaim third-party revenue without hiring more staff. According to Nations Restaurant News, conversations at the show centered around value-based menu strategies and efficiency gains.

2025 45

2025 Online Ordering Sourcing Equipment 45

Restaurant365

DECEMBER 17, 2020

Whether delivery drivers or temporary employees, if your restaurant hired temporary contract workers this year, you may need to file the new 1099-NEC form. Accuracy in these numbers is key to remaining compliant in case of an audit. As a result, Form 1099 audits are becoming more common. State requirements.

Audits 78

Audits Document 2020 Delivery 78

Restaurant365

AUGUST 21, 2020

There are some general areas to focus on when starting to audit your human resources information systems (HRIS) and payroll systems. Tailor your hiring and recruiting practices. The first step in reducing high turnover is to examine your hiring and recruiting practices. How are you communicating with your potential new hires?

Blog 78

Blog Restaurant Law Recruiting Employee Relations 78

Paper Chase Accountancy

JULY 3, 2025

It’s not just about hiring an accountant; it’s about finding a partner with industry expertise who can add long-term value to your business. Services : Ensure they offer comprehensive services, from tax planning to audit representation. They’ll understand the unique challenges your business faces.

Hotels 52

Hotels Hospitality Cash Management Customer Service 52

MBB Hospitality

AUGUST 5, 2024

By integrating with point-of-sale (POS) systems, these services update inventory counts automatically after every transaction. Regular audits provide valuable insights into stock levels and help maintain accurate financial records, supporting effective business management strategies.

Inventory 52

Inventory Audits Franchise Franchising 52

Restaurant365

AUGUST 12, 2021

But having this data stored in your point of sale (POS) system or other restaurant systems doesn’t mean anything by itself. Hire employees who share a passion for data. When you include your data-driven focus in your hiring process, you find people who are the right fit for your organization and shift this culture over time.

Leadership 78

Leadership Inventory Hiring Point of Sale 78

Sling

MAY 9, 2023

On the digital side of things, RO security may involve installing firewalls and password protection on POS stations and other computers to prevent unauthorized individuals from gaining access to proprietary data. You may need to upgrade your POS system to speed up the customer payment process. wine, spirits, caviar, etc.)

Operations 78

Operations Loyalty Program Food Safety Front of House 78

Ordyx

JANUARY 14, 2020

Hire an IT professional. You can hire an IT guy or opt for IT security services. And it's easy to do: you can just buy POS malware kits from the Dark Web. If you offer free Wi-Fi access to your diners, then you should use a secure network for your POS and business needs rather than an open one. But that's okay.

Point of Sale 52

Point of Sale Employee Relations POS Loyalty Program 52

Lavu

MARCH 11, 2020

From the introduction of point of sale (POS) systems to accounting systems, technology is changing the ways restaurants operate today. Whether you are looking for effective inventory management software or just a POS system for your business, restaurant management software is something you cannot afford to miss.

Management 78

Management Management Cash Management Mobile Ordering 78

Open for Business

SEPTEMBER 2, 2024

Don’t forget about your point-of-sale system (POS). Many modern POS solutions offer detailed restaurant analytics on sales per employee, average ticket sizes, and other productivity metrics. Regular audits of your spending might reveal surprising areas for cost-cutting. It will help you gain insights into staff performance.

Point of Sale 78

Point of Sale Seasonal Menu Customer Service Small Business 78

Xtra Chef

DECEMBER 11, 2019

For example, if your restaurant’s Point-of-Sale (POS) software costs $12,000 a year to support and the provider bills you annually in January, you don’t want to reflect that entire expense in January. Whether you handle accounting internally or hire an outsourced accountant, finding the right accountant can be tricky.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Notch

APRIL 11, 2019

Don’t open yourself up for legal liability because you sped through the training and didn’t make sure the new hire was fully versed in everything contained in the handbook. The instructions in the handbook should be integrated with the systems you’re using in the restaurant such as mobile auditing software and POS systems.

Document 67

Document Employee Relations Website Management Restaurant Law 67

Apicbase

AUGUST 29, 2024

By integrating POS systems with inventory and accounting software, managers can streamline financial processes, ensure accurate budgeting, and enhance overall cost efficiency. Staff management involves hiring, training, and supervising staff, including servers, bartenders, and kitchen personnel.

Beverage 52

Beverage Operations Management Management 52

SpotOn

FEBRUARY 26, 2024

For in-store sales, you’ll want to ensure your staff knows how to use your retail POS system. Check your POS reports. Audit the process Again, stay on top of what’s happening, in this case, in your actual retail recruitment process. Consider doing high-profile hiring events to attract quality candidates.

Recruiting 52

Recruiting Retail Point of Sale Small Business 52

Notch

APRIL 11, 2019

Don’t open yourself up for legal liability because you sped through the training and didn’t make sure the new hire was fully versed in everything contained in the handbook. The instructions in the handbook should be integrated with the systems you’re using in the restaurant such as mobile auditing software and POS systems.

Document 52

Document Employee Relations Website Management Restaurant Law 52