A point of sales (POS) system is an invaluable part of your business. New technology has been developed into advanced POS features such as multiple-location platforms, comprehensive databases for customers and products, inventory tracking and purchasing, sale and coupon builders – and the list just keeps growing!
Many restaurants choose to handle their restaurant bookkeeping using QuickBooks. Intuit does not make a specific QuickBooks restaurant industry version, so you will need to customize QuickBooks to meet your needs. However, if you set up your company file using the easy start interview there is an option to select the restaurant industry. QuickBooks will then make suggestions based on your industry to set up the software geared towards a restaurant. There are still many modifications and suggestions I will make on a proper QuickBooks setup and bookkeeping procedures for a restaurant.
