Introduction

Owning a restaurant or being part of a restaurant’s staff has a number of challenges with endless to-do-lists. One integral part of running a restaurant is accounting. Although an overwhelming task, accounting must be done accurately and the information must be easily accessible. Fortunately, all of this is possible with restaurant accounting software.


12+ Restaurant Accounting Software

1. Xero

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Rating: 5/5

Price: FREE

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2. Restaurant365

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Rating: 4.8/5

Price: $249/month

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3. Quickbooks Intuit

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Rating: 4.6/5

Price: $12.50/month

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4. Zipbooks

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Rating: 4.8/5

Price: FREE

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5. Wave Financial

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Rating: 5/5

Price: FREE

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6. Plate IQ

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Rating: 5/5

Price: Custom

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7. DAVO

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Rating: 5/5

Price: $39/month

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8. Touchbistro

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Rating: 5/5

Price: $69/month

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9. Restaurant Solutions

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Rating: 4.7/5

Price: Custom

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10. Freshbooks

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Rating: 4.5/5

Price: $6/month

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11. Sage Intacct

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Rating: 4.7/5

Price: Custom

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12. Marginedge

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Rating: 5/5

Price: $300/month

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13. EPOS

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Rating: 5/5

Price: $39/month

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What Is Restaurant Accounting Software?

Restaurant accounting software is software that is designed particularly for restaurants. The multitude of tools and features that restaurant accounting software provides helps restaurants streamline and simplify the work that accounting requires. 

Benefits

An accounting system for restaurant owners actually improves the accuracy of financial data. Operational and financial data will be kept in an easy-to-access location; no more waiting for financial reports to be made by the accountant! Furthermore, this data will be accessible anytime, meaning you won’t have to pester the accounting department to ask how the restaurant is doing. 

Features

One beneficial feature that restaurant accounting software programs provide includes payroll software. Payroll software gives restaurant owners the ability to manage, maintain, and automate employee payments and tips. This feature ensures accuracy, boosts transparency, and allots more time for more high-level tasks.

Top 10 Products

1. Xero

Receive free restaurant accounting software from Xero today. Xero will also provide you with billing software and inventory management software. Founded in 2006, Xero has a company size of 1,001-5,000 employees and a revenue of $514 million.

2. Restaurant365

Restaurant365 accounting software will forever change the way you go about your accounting operations. Receive catering software, staff scheduling software, and many more useful features from Restaurant365 today. Restaurant365 was founded in 2011, has a company size of 51-200 employees and an estimated annual revenue of $27.4 million.

3. QuickBooks Intuit

Small and growing businesses will greatly benefit from QuickBooks Intuit’s powerful accounting tools. Free up time and get more organized with the best accounting software for restaurants from QuickBooks Intuit. QuickBooks Intuit has a company size of around 7,000 employees and a revenue of $1 billion.

4. ZipBooks

ZipBooks has the best accounting software for restaurant owners that’s simple, beautiful, and powerful. With free products like time tracking software and team management software from ZipBooks, you can’t go wrong. ZipBooks has a company size of 11-50 employees and an estimated annual revenue of $2.1 million.

5. Wave Financial

Wave Financial has a top-of-the-line accounting system for restaurants big and small. On top of accounting software, Wave Financial also provides invoicing and payments, payroll, product development, and risk management software. Wave Financial has a company size of 201-500 employees and an estimated annual revenue of $37.4 million.

6. Plate IQ

Forever change the way you handle accounting with Plate IQ’s various products, such as payment scheduling, invoicing, and expense management software. Plate IQ has a company size of 51-200 employees and an estimated annual revenue of 12.2 million.

7. DAVO

DAVO will significantly improve your restaurant by providing you with restaurant accounting and payroll software and a plethora of other specialties. DAVO has a company size of 11-50 employees and a revenue of $4 million.

8. TouchBistro

You can trust TouchBistro to supply you with an all-in-one restaurant management software. TouchBistro has a company size of 201-500 employees and an estimated annual revenue of $57.3 million.

9. Restaurant Solutions

Restaurant Solutions has over 40 years of equipment experience. Receive specialties in food service design, installation, and food service equipment and goods from Restaurant Solutions now. Restaurant Solutions has a company size of 11-50 employees and a revenue of $4 million.

10. FreshBooks

FreshBooks is reshaping the way businesses manage their accounts. Help your restaurant reach success with FreshBooks. Founded in 2003, FreshBooks has a company size of 201-500 employees and a revenue of $50 million.

FAQs

Why does my restaurant need restaurant accounting software?

Your restaurant needs restaurant accounting software because the software makes running your business easier! The software reduces redundancies, improves data accuracy, simplifies auditing, assists with setting competitive prices, and provides a simpler, faster way to reconcile data.

Who benefits from restaurant accounting software?

Restaurant owners of course benefit from restaurant accounting software, but customers also benefit from the accounting software, as well! Restaurant accounting software takes over accounting processes within the establishment, therefore giving restaurant owners, managers, and employees more time to focus on what matters most: providing the best customer service possible.

Which is the best restaurant accounting software?

The best restaurant accounting software depends on your establishment; whichever restaurant accounting software has the tools and features you are searching for is the best for you! Find the best accounting software for restaurant business owners by testing out demos and trials. You can also read restaurant accounting software reviews to see what other people have to say about the software in order to discover which has the best and worst reviews.

Conclusion

Exponentially elevate your restaurant and make your life and the lives of your employees easier with the help of restaurant accounting software. Make use of restaurant accounting software and start reaping the benefits of its tools and features today.


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