Restaurant365

MAY 17, 2022

The most important part of inventory management is understanding how the amount of product relates to your profit margin. Tight integration between your r estaurant inventory management software , point of sale (POS) system and restaurant accounting software is essential for executing key restaurant tasks that help control your food costs.

Inventory 78

Inventory Management Management Food 78

Restaurant365

AUGUST 4, 2020

When that inventory is wasted, stolen or spoiled before it’s sold, it must be written off as an expense in the books. If it’s not on your shelf, it can’t be stolen, spoiled or wasted. The key to minimizing food waste that can eat into your profits is effective restaurant inventory management.

Inventory 78

Inventory Management Management Cash Management 78

Apicbase

SEPTEMBER 16, 2022

Today, restaurant operators and F&B managers like you have access to many reports, primarily thanks to advanced POS systems. How do they relate to each other? Some POS-side examples include sales, payment, and footfall reports. How Do Reporting & Analytics Relate? What is restaurant analytics?

POS 52

POS Operations Back of House FOH 52

Restaurant365

MARCH 10, 2020

If it’s not on the shelf, it can’t be stolen, spoiled or wasted. So, the key to minimizing food waste that can eat into your profits is effective restaurant inventory management. The better and more streamlined your inventory control , the less food waste in your kitchen and the more money added to your bottom line.

Inventory 78

Inventory Management Management Waste 78

Restaurant365

SEPTEMBER 23, 2021

Your restaurant must categorize food costs correctly, tracking inventory and food waste to order at the right level for sales. with automated invoice coding and entry, and direct feeds of POS data. Record Daily Sales Through Your POS. Automated POS data ensures an accurate general ledger. Restaurant Expenses.

Cash Management 147

Cash Management Point of Sale POS Inventory 147

Restaurant365

OCTOBER 30, 2020

Daily issues with your inventory control can lead to food waste levels that skew your monthly margins. Restaurants carry lots of inventory that is perishable, so an investment in inventory can quickly be wasted if it isn’t managed correctly. Improper scheduling with your staffing can lead to ballooning labor costs over time.

Operations 78

Operations Management Management Inventory 78

Restaurant365

DECEMBER 16, 2021

Food-related operational reports. Taken together, this food-related operational reporting can have a major impact on your CoGS. Your actual vs. theoretical (AvT) food cost analysis showcases what you should have theoretically spent on inventory, based on sales, versus what you actually spent, accounting for errors and waste.

Operations 78

Operations Point of Sale Employee Relations Waste 78

Restaurant365

JUNE 24, 2020

Advanced inventory management software can import menu items from your POS, then map them to recipes. Some POS systems calculate food cost and profit for specific menu items within the system. Automated actual vs. theoretical food cost reporting maps recipes to your POS menu item to track your actual and theoretical usage over time.

Point of Sale 78

Point of Sale POS Inventory Employee Relations 78

Modern Restaurant Management

APRIL 2, 2020

The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. restaurant employees financially impacted by the coronavirus crisis. Clic here to d onate to the Foundation’s Restaurant Employee Relief Fund. This fund is designed to help those struggling employees.”

Healthcare 206

Healthcare Employee Relations Online Ordering Customer Service 206

Modern Restaurant Management

AUGUST 5, 2020

and will enable TouchBistro to fully integrate customer loyalty and guest marketing into its all-in-one point-of-sale (POS) and restaurant management platform. The franchise owner or manager can use the app to build workflows, list and assign tasks, set and check compliance parameters, and keep the frontline employees updated in real time.

Food Safety 210

Food Safety Mobile Ordering Online Ordering Kitchen Safety 210

Restaurant365

JULY 24, 2020

Choosing between in-house delivery, third-party delivery apps or a combination requires an understanding of related costs. POS providers Toast and Square have recently launched their own delivery services, at costs they say are lower than some of the more established delivery providers.

Front of House 147

Front of House Online Ordering Kitchen Safety Customer Service 147

Modern Restaurant Management

SEPTEMBER 14, 2021

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. Southern Glazer's Acknowledges Drivers and Warehouse Employees.

Food 173

Food Tip Distribution Guest Recovery Food Safety 173

Restaurant365

MAY 27, 2021

It’s especially applicable to your prime cost, because restaurant food cost and labor cost fluctuate over time in relation to sales. You can also use a scheduling management system to track employees clocking in early or clocking out late or set up limits on clock in/out times. Request a demo of Restaurant365 today.

Point of Sale 78

Point of Sale Inventory Waste Food Order 78

Restaurant365

OCTOBER 14, 2020

A point of sale (POS) system fully integrated with your restaurant accounting software can help you keep track of the numbers you need, making an all-in-one system important for your budgeting. To help optimize your labor costs, consider using restaurant payroll and HR software that integrates with your POS.

Point of Sale 78

Point of Sale Email Marketing Advertising Cash Management 78

Restaurant365

FEBRUARY 24, 2021

Next, without robust accounting features, like intercompany transactions, POS integration as. What are the costs involved for integration to our POS system? Your point of sale (POS) system contains lots of essential information for your restaurant operations. First, your day-to-day bookkeeping tasks become complex.

Inventory 78

Inventory Point of Sale POS Franchise 78

Margin Edge

SEPTEMBER 23, 2019

In practice, any number of factors, from ambiguities in the written recipe to over-portioning to employee theft, can alter your real-world cost. A top RMS will pull detailed sales data from your POS, know what you buy from processing your invoices and have easy tools for inputting recipes and inventories. Waste Less, Profit More.

Inventory 44

Inventory Employee Relations Food Order Waste 44

Xtra Chef

DECEMBER 11, 2019

The purpose is to help teams to better understand how accounting relates to the business of running a successful restaurant. Whether it’s pooling, mandatory or not, split, or tips by paycheck vs. cash tips—it can be tricky keeping your employees happy while maintaining an accurate balance sheet and payroll taxes.

Cash Management 90

Cash Management Point of Sale Tip Distribution Inventory 90

Restaurant365

JANUARY 4, 2022

Your team must still take manual inventory by hand to account for spoilage, improper portioning, and waste. Integrate restaurant inventory management with your POS system. POS integration can automate steps like uploading invoices, auto-updating ingredient prices, and tracking recipes. More about this later.).

Inventory 15

Inventory Management Management Food 15