![]() ![]() Connecting Shogo to Your POS SystemĬonnecting Shogo to your POS is a fairly quick process. They are constantly adding new integrations so if you don't see your POS system contact support to see if they have any plans to add the integration soon. You can find a list of POS systems that Shogo currently integrates with on its website. ![]() The Shogo journal entry allows you to reconcile your merchant service deposits so you can ensure you are getting all the money you are due. The other thing we love about Shogo is the ability to quickly and easily reconcile merchant service deposits. Once you do this it will then send the journal entry to QBO automatically. ![]() If you create new items in your POS then Shogo will automatically detect this and email you to update your accounting mapping with the proper QBO category. An example of this would be if you started selling a new item like retail, for example. With Shogo, if there are any errors it will hold back the journal entry until you update the accounting mapping. We have been using Shogo for years to automatically create the daily sales journal from various restaurant POS systems to QBO. If you want to automate all the above steps to create a daily sales journal in QBO we highly recommend taking a look at Shogo. Rather than entering all this information manually, you can automate it. Automate Your Restaurant POS with QuickBooks Online Once you have a sales summary you should set up a daily sales journal entry and create a memorized transaction in QuickBooks. If you need to customize the report to get more detailed information you will need to work through the customization with your POS system. Most restaurant POS systems will have a daily sales summary built into them. In order to record the daily sales you will need to generate a report that summarizes your sales. You need to analyze how funds are hitting your bank and set up your restaurant bookkeeping system to mirror that activity. This will result in a credit card deposit or deposits hitting your bank account separately for each batch. Most restaurants accept credit cards and settle the batch on a daily basis. With this method, you are mimicking how the cash and credit card deposits hit the restaurant's bank. Record a separate daily sales entry for each day (not monthly or weekly). Many find using QuickBooks for restaurants is an effective recording system. One of the first items you will have to figure out is how to properly record your sales. How do you handle bookkeeping for a restaurant? 5 Easy Steps! Whether you’re running the accounting services yourself or outsourcing your restaurant accounting, staying on top of the day-to-day bookkeeping is essential to stay ahead of your competition and turn a profit. You'll also understand the basics of what a trained accountant will help with as you develop a reporting and growth plan.įor a restaurant that already has a trained accountant, or is just looking for tax deductions for restaurant owners, it's crucial that the books are already up-to-date.Įffective restaurant bookkeeping starts with you. In this guide, we're going to identify the most important aspects of your restaurant's books, then remove the hassle of manual bookkeeping with the automation of your system. Once you're behind on your restaurant accounting, it is difficult to get caught up. One of the neglected aspects of restaurant management is bookkeeping. Long hours, high overhead, wasted ingredients, and difficulty making profits are some of the barriers to success for restaurant owners. ![]()
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