Unassigned Vendor – Accounts Payable

Unassigned Vendor – Accounts Payable

Conditions in which UNASSIGNED VENDOR appears on AP Aging Report The UNASSIGNED VENDOR is a System Generated Vendor that appears on the AP Aging Report when the following conditions occur: 1. A difference exists between the AP Beginning Balance (the opening balance for the Accounts Payable GL Account) and the sum of all imported Open AP Invoices Beginning Balance transactions (AP Invoice – Beginning Balance transactions that were imported at cut-over).  In addition to appearing on the AP Aging report, the ‘System Setup’ tab will be present in the ‘To Do Checklist’ notifying the User that the AP Beginning Balance … Continued
Cash Flow Statement

Cash Flow Statement

Shows the sources and uses of cash from operating, investing, and financing activities using the indirect method.  Before using the statement you will need to assign ‘Cash Flow Categories’ to your Balance Sheet accounts. There are seven available categories: Operating – Depreciation & Amortization Expense – VERY IMPORTANT, BE SURE THE DEPRECIATION EXPENSE ACCOUNT IS ASSIGNED THIS CATEGORY AND NOT ACCUMULATED DEPRECIATION OR THE AMOUNT WILL SHOW NEGATIVE Operating – Gain/Loss From Sale of Assets Operating – Non-cash Current Assests & Liabilities Investing – Long Term Assets Financing – Long Term Liabilities Financing – Equity Cash To assign a GL Account … Continued
Restaurant Manager Key Reports

Restaurant Manager Key Reports

Key Reports For Restaurant Managers Sales Reports Labor Reports Inventory Reports Location Reports        
Location Setup and Overview

Location Setup and Overview

Locations, like Legal Entities, are critical to both Accounting and Operations in Restaurant365.  In this training we will review the Location record in detail.  Click here for more information on how to Create a New Location Jump to Section: Location List View Location Record: Overview Location Record: General Location Record: Default Accounts Location Record: Labor Estimates Location Record: POS Integration Settings Location Record: Goals Location Record: Day Parts Location Record: Breaks & Split Location List View Each Location in Restaurant365 will exist as a Location record, found in the ‘Locations’ list view, under the ‘Administration’ section in the Accounting Module.   Upon selecting the ‘Locations’ list view, you will … Continued
Day Parts

Day Parts

Day Parts, or Dayparting, is the practice of breaking up an Operations Day in to segments that can then be individually reported on.  Restaurant365 gives users the ability to create up to six Day Parts with their corresponding Names and Start / End Times.  Day Parts are created and managed on the Location Record.   Various Operational Reports allow users to run the Reports by Day Part.  Additionally, on the Daily Sales Summary (DSS), the Comment tab will contain Comment Sections for each respective Day Part of the Location, as shown below:     The final location where Day Parts are … Continued
Bank Reconciliation Report

Bank Reconciliation Report

Detailed or summary view of cleared and outstanding transactions included in a bank reconciliation.  
Recipe Cost Breakout Report

Recipe Cost Breakout Report

Shows Cost breakdown of each menu item by COGS categories. This report is very helpful with the set-up of Recipes. It will identify any recipe that was set-up incorrectly.
Dashboard and Ad Hoc Reporting Overview

Dashboard and Ad Hoc Reporting Overview

Summary Restaurant365 comes with a powerful ad hoc report viewer that allows users to slice and dice data.  These ad hoc reports and charts can also be shown in dashboards so users can make decisions that increase productivity and reduce costs.  Security roles determine who can see and modify these elements.  Ad hoc reports and dashboards are accessed in the left hand navigation under Operations – Reports – Ad Hoc Reports or Dashboard respectively and users with access to the accounting module can also see them under Accounting – Reports. Reporting Elements Defined Below is a description of the different elements of the … Continued
DSS Journal Entries

DSS Journal Entries

For POS Integrated Locations, a Daily Sales Summary (DSS) file will be imported each day for the prior day’s Sales and Labor.  Click here for more information on the Daily Sales Summary.  In addition to the DSS file being imported each day, two DSS Journal Entries are created from the data on the DSS. DSS Journal Entry Walkthrough To demonstrate where DSS Journal Entries are located, how you can view them, and how you can update and approve them, please read the following walkthrough:   Record Locations: Daily Sales Summary Before any DSS Journal Entries will appear, the DSS must be imported.  This is … Continued
Balance Sheet – Location Side by Side

Balance Sheet – Location Side by Side

Available in summary or detail, displays selected legal entities side by side with a total column. Can drill down into any balance to view transactions.