Comparison of Top 5 Restaurant Accounting Software – Infographic

For restaurants, accounting is an overwhelming task as they have to put their energies into perfecting food and services. Accounting is an overwhelming task for restaurants as they have to put their energies into perfecting food and services. Many restaurants use accounting software, but some are stuck in the past working on papers. There is no hard and fast rule to use accounting software. But once you embrace it, there’s no going back.

There are numerous software available in the market, making it difficult to choose the best fit for your business. An appropriate restaurant accounting software can provide real-time insights into your finances. It will streamline accounts payable and receivable processes and help you analyze overall profitability.

5 Accounting Software Ideal for your Restaurant

ZipBooks

ZipBooks is a simple yet powerful accounting software with excellent features to take your restaurant to the next level.
Send professional invoices, automate your billing, and collect payments effortlessly using credit cards with it. Moreover, track your business expenses and keep your records up-to-date.

ZipBooks is a cloud-based software that allows restaurants to get smarter and streamline their financial operations with ease. It not only helps manage your restaurant but also helps provide detailed insight of your restaurant’s financial position in the market.

Touch Bistro

Founded in 2010, Touch Bistro is a POS solution for restaurants, cafes, bars, food trucks, and other food and drinks venues. With this platform restaurateurs can make more money, deliver a great customer experience and take the guesswork out of business decisions.

A reliable POS system for billing and payments, order taking and payments. It also help bars and coffee shops to manage seat bookings of customers.

QuickBooks

QuickBooks is one of the best innovations of Intuit Inc. It was specifically designed for businesses to streamline their accounting operations efficiently. QuickBooks offers a rich archive of financial tools. From simple account tracking and invoicing to options for managing vendors, contractors, and employees- it has it all. It combines a variety of accounting processes into one- user-friendly system.

What makes Quickbooks the Best Choice?

• Cloud accounting
• Invoicing
• Online banking
• Accounting Reports
• Cash flow management
• Time tracking
• Mobile app
• Multiple user
• Free unlimited support

This accounting tool is secure, scalable and easy to share the platform with an accountant.

Restaurant365

Restaurant365 is an all-in-one accounting back office system for restaurants, founded in 2012. Thousands of restaurants across the world have stopped using generic ERP software and transitioned to Restaurant365. This integrated platform helps restaurateurs save money, improve information flow, maintain report accuracy, and free up your time.

This cloud-based platform is compatible with Mac, PC, Tablet and Mobile. It offers an array of features like

• Accounting
• Banking
• Budgeting
• AP automation
• Fixed assets
• Financial reporting
• Purchasing
• Recipe costing
• POS connect
• Payroll connects
• Inventory management
• Food cost

It allows restaurateurs to drive back-office productivity, gain actionable insights and tighten control over cash, time, and inventory.

Xero

Founded in 2006, Xero has become one of the fastest-growing cloud-based accounting software for restaurants. It helps in managing invoices & quotes process, reconciling statements at a pace, inventory management and more. Xero is compatible with mobile apps
It is powered by 600+ tools, quick purchase order, manage bills and expenses, pay employees easily and more. This integrated platform helps businesses realize profits worldwide and outshine in this dynamic market.

This Infographic will help you choose the best restaurant accounting software, giving insights into prices, reviews, ratings, etc.