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Why Restaurant Inventory Management is an Accounting Function

Restaurant365

While you may think of your restaurant inventory as part of operations, restaurant inventory management should also be considered an accounting function. When you can integrate your restaurant inventory management with your accounting, you can develop better inventory control while also achieving a more detailed picture of your finances.

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Can a Bar Inventory Management System add 10% to Your Bottom Line?

Mad Mobile

Loss, waste, inconsistency — without careful management of bar inventory, you’re quickly losing a decent chunk of money. Those losses are avoidable with bar inventory management systems, whether home-brewed or automated through software. What is a bar inventory management system? Uniform processes reduce errors.

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Restaurant Labor Laws Cheat Sheet: Oregon State

7 Shifts

Charging Employees and Wage Deductions Employers cannot charge restaurant employees for any items required for the job, such as employee uniforms. You may also want to utilize a break alerts software so managers and employees know when breaks should be taken, avoid fines, and prevent employees from feeling overworked.

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Grow Revenue 25% and Delight Customers by Putting Tablets to Work in Your Restaurant

Mad Mobile

The uniforms. Packed onto user-friendly tablets, CAKE gives restaurants the flexibility, security compliance, and real-time inventory management needed to deliver exceptional service today. With perks like: Employee management tools: CAKE centralizes schedules, tasks, and payroll so managers stay coordinated across locations.

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Common Hourly Payroll Mistakes and How to Avoid Them

Hot Schedules

That includes the time it takes to change into a work uniform, drive to a different job site, or participate in a training session. Paying overtime is a constant worry for hospitality and retail business owners, finance teams, and in-store managers. Non-tipped employees like managers and cooks cannot participate in the tip pool.

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Restaurant Labor Laws Cheat Sheet: New York State

7 Shifts

Additionally, you may not require employees to pay for or maintain required uniforms. For example, you can save money on uniform costs by asking waiters to wear a white button-up shirt with a tie rather than a custom-made shirt and tie with your logo on them. Get a demo of 7shifts restaurant scheduling software. and 2:00 p.m.

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Refine Your Restaurant Chart of Accounts with These Expert Insights

Xtra Chef

With an accounting degree and 8 years of General Manager experience at the height of Austin’s restaurant boom, Stubbs started approaching young restaurants to offer a hand with their books in 2011. Our AP Management feature automatically assigns General Ledger codes to each line item on an invoice that maps directly back to your unique CoA.