QuickBooks Integration for Restaurant Accounting

INTEGRATE QUICKBOOKS INTO YOUR

 RESTAURANT ACCOUNTING PROCESS

OVERVIEW QuickBooks is a popular accounting software developed by Intuit Inc. in the 90s. It offers onpremises accounting applications that allow pay bills, accept business payments and perform payroll functions.

Cloud-based versions are also available that eliminates the need for multiple excels, tables, spreadsheets, and tracking sheets.

WHY USE QUICKBOOKS IN RESTAURANTS? Eliminates paperwork and saves time on bookkeeping.

Organizes restaurant's records at the single workspace.

Printing checks, entering customer payments, and tracking restaurant’s transactions becomes more efficient.

Allows to import and export data.

Greater flexibility that prefer to organize spreadsheets and other types of records on third party software.

IMPORTANCE OF QUICKBOOKS IN RESTAURANT ACCOUNTING A restaurant’s success depends on the effective backoffice accounting. For this, they need reliable

restaurant accounting systems and QuickBooks is one such accounting software that streamlines the various accounting processes with ease such as Inventory management, scanning receipts across different devices and more.

FEATURES OF QUICKBOOKS Everyday Organization Cash Flow Invoicing Reports Taxes

EVERYDAY ORGANIZATION Organize Expenses : Connect bank and credit card accounts for automatic downloads and categorization

Stocked for Success : QuickBooks automatically tracks inventory on hand and per item cost to analyze profits.

CASH FLOW Control your cash flow : Manage your accounts receivables and email overdue customers with few clicks.

Setup recurring payments for automatic bill pay to manage your bills and vendors.

INVOICING Make your business look goods : Create professional invoices to reflect your brand.

Get paid instantly : Add a pay now button to online invoices for one-click payments.

REPORTS One-click Reporting : Instantly see how your business is performing. With a single click you can quickly see your profit & loss

Dashboard Overview : Income, expenses, outstanding invoices are on view as soon as you sign in.

TAXES Share with your accountant : Your accountant can instantly access your records from anywhere, anytime.

Prepare your 1099s : Automatically keep track of payments you make to subcontractors. You'll be ready to issue 1099s and stay compliant.

QUICKBOOKS INTEGRATION METHODS #1

BATCH IMPORT

#2

BACKEND INTEGRATION

Business owners can export file and view content of a file.

BATCH IMPORT

Select export file then import into QuickBooks.

This integration helps small and medium-sized businesses to increase efficiency and reduce manpower.

BACKEND INTEGRATION

It works in real time environment means that two system can directly communicate with each other.

BENEFITS OF INTEGRATION INTEGRATION BENEFITSOF FOR RESTAURANTS FOR RESTAURANTS Data is entered only once:

Once

the data is feed into a restaurant’s timekeeping system, there is no need to do anything more.

Fewer Errors :

If you are using

QuickBooks integration then there is less chance of data entry errors.

Improve Cash Flow:

QuickBooks

integration allows the restaurant owners to bill faster and increase cash flow.

WHAT COGNEESOL OFFERS TO RESTAURANT OWNERS? Bookkeeping Services Accounts Payable Services Account Receivable Services Bank Reconciliation Financial Reporting Payroll Processing

ABOUT COGNEESOL QuickBooks accounting &

Cogneesol provides completeÂ

bookkeeping services such as accounts payable, accounts receivable, invoice processing, reconciliation across multiple industries, such as real estate, healthcare, wholesale and retail etc.

WHAT CLIENT SAYS ABOUT OUR SERVICES? .

We have been working with Cogneesol for over 5 years and during this period the team has made dealing with our payroll seamless, quick and stress-free. I would recommend Cogneesol and its services to everyone.

We choose Cogneesol, and have continued with them, because of their deep understanding and accounting knowledge of the nonprofit industry. We can go to them with any question and they are always fair and honest about our accounting procedures and practices.

Contact Us +1 646 688 2821 30 Wall St, New York, NY 10005

info@cogneesol.com www.cogneesol.com