Should I get quickbooks point of sale for a pizza place?
They say it's not good for a full service restaurant but that's not what we have. Its more like a dominoes or hungry howies. Does anyone know about it? and if i shouldn't, what sort of system should i use?
Public Comments
- I think Quickbooks wouldn't be the best option for your business. I think the best option is to either find someone to teach you basic accounting, or take a class at a community college (or adult education class) and use an excel spreadsheet (assuming you are familiar with excel). Excel can do formulas that will calculate everything for you. I would use a general ledger and create references so it will do all the calculations automatically without you having to enter data twice. I would also use a service for payroll (because it's complicated). Payroll services aren't expensive and many times prevent mistakes (and if there is a mistake it's not your fault). There is another application called gnucash that is a free program that is completely customizable so you can configure it any way you would like. Also if you check with accounting experts they can recommend any other options.
- I would recommend you do NOT use QB Point-of-sale. Here's what I would do. Look for a good, used electronic cash register. Make sure you get all the documentation and programming instructions. The new cash registers are computers, but you probably know that. You can set up departments so you can track taxable and non-taxable sales but also different types of sales like drinks and pizza and other. The key is to cash up the store completely every day, no exceptions. Track no-sales, voids and over/short. THEN, you should use regular QuickBooks to track your income and expenses. Post the cash deposit as sales and post the credit card sales separately. You will have trouble matching the cc sales to the deposits to the bank account because there are timing differences and adjustments. I would avoid all that and just post the deposits from the cc companies to QB as you receive them. Use QB to reconcile your bank account EVERY month. You can set it up to download your transactions directly from the bank in a lot of cases and eliminate some data entry. Finally, employee theft is your biggest risk. Theft of food and theft of cash. Make sure your controls are tight.
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