![]() Another major consideration is sales taxes. There are all sorts of issues like the various fees, returns, etc that need to be done properly. ![]() It is hard to explain but I could easily show you via the statement from the various platforms. ![]() From the accounting perspective, I can only tell you that they are time-consuming and a pain to reconcile. Having the various delivery services integrated via Toast will definitely help on the operations end of the business. Unfortunately, they are typically a major pain to account for properly as well. The various 3rd party delivery services like Uber Eats, Doordash, Grubhub, etc will make most restaurant owners cringe due to their high fees. It can sometimes be difficult to reconcile the merchant deposits but this report should help. One thing you will note is that on the last day of the month that batch will sometimes settle with batches from the following month. We typically have to wait until the 5th or 10th of the month to reconcile the merchant account. I would recommend running the Settled Deposits Daily Breakdown report in Toast. You may run into merchant batches that just aren't making sense with the bank deposits. The daily sales integration through Shogo really helps to make sense of the merchant deposits. From an accounting perspective, it isn't the most accounting-friendly merchant processor we have dealt with, but far from the worst. I'm not sure of the merchant fees but I believe they are fairly competitive. Don't quote me on that but I think they recently made that switch. I'm fairly certain that Toast forces you to use their merchant processing. Lastly, customers are able to look up their gift card balance and add value to it if they choose to do so. We highly recommend using it as it works incredibly well to track outstanding gift certificates, balances, etc.Ĭustomers can easily purchase gift cards and send them to recipients via text or email. Gift cards can be redeemed in person as well as online through the Toast Online ordering system. Toast has there own built-in gift certificates system. Lastly, they have absolutely amazing and timely customer support. Once you fix the mapping issue in Shogo it will post the past entries, you just might need to request it through support. This will often happen when you add a new item to Toast and don't properly map it to the correct income account. Third, Shogo holds back the integration if there is a mapping error. Second, Shogo enters the daily sales summary automatically based on how you want it broken down. There are a few reasons why we really love Shogo.įirst, it has worked with every POS system that they have listed on their website. This is where the accounting piece comes in and you will want a good restaurant accountant to advise you. Once you set up the Toast integration with QuickBooks Online via Shogo you will then have to map the various items to your QuickBooks Online chart of accounts. With all that being said Shogo will save you a ton of time and the integration is well worth it. I believe Toast has a small add-on fee on the POS end to integrate through Shogo, but again it's fairly affordable at around $20. The good news is that Shogo is a fairly affordable add-on at only $30 per month and it works really well. Toast POS does integrate with QuickBooks Online but you have to use a 3rd party app called Shogo. Integrate Toast POS with QuickBooks Online Below we will discuss some different aspects and considerations of Toast as it pertains to your accounting system. Overall I would rank Toast very good from an accounting perspective. We do a lot of restaurant bookkeeping so we have experience with many different POS systems. I've seen all sorts of really bad integrations that cause major problems and inefficiencies. But that doesn't mean the integration is anything that is useful from an accounting perspective. Almost every POS system will claim to integrate with QuickBooks Online. Does it properly integrate with QuickBooks Online?.If you have Toast you obviously want to know how to extract the relevant data and efficiently get it into your accounting system.įrom an accounting perspective I only look for two things from a restaurant POS system: Toast is a very popular restaurant point of sale (POS) system.
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