Accounting software for your hospitality business

It can be tough to keep track of all the costs coming in and out of your business in a fast-moving industry like hospitality. Whether you run a restaurant, winery, bakery or bar Sage Accounting makes managing finances easy so that you can focus on delighting your customers. It helps you:

• Get a clear view of food and beverage stock so you always have the right amount of goods
• Get paid faster by automating and setting up recurring invoices
• Stay in control by viewing a cash flow forecast with real-time insights
• Manage your finances no matter where you are on your mobile
• Review orders that are in the pipeline and pending
• Save hours of time by reducing your admin burden
• Connect your banks and import transactions from your points of sale
• Pay employees on time, every time
• Stay compliant by calculating and creating VAT returns that can be uploaded to Revenue
• Give your accountant or bookkeeper permission to view your finances and collaborate with them in real-time

Whether you’re a public house, hotel or food and beverage business, the easiest and fastest way to manage your accounts is with accounting software. You can use it to snap and capture receipts and invoices and also reconcile bank transactions on your business account. This type of software will help you see how much money your restaurant earns each month or quarter and prepare for a VAT return ready to submit to Revenue. It's also ideal if you want to work with an accountant and keep up to date with Revenue legislation and guidelines.

If you're running a café, food truck, bakery or another small business, you can collaborate securely with your accountant online from anywhere with Sage Accounting. Our software is trusted by thousands of accountants around Ireland. We work directly with accountants to ensure our accounting software for the hospitality industry is up-to-date with Revenue legislation and guidelines.

There are plenty of ways you can save time with Sage Accounting. Here are some examples:

Automate manual tasks

By automating tasks, you can cut down the amount of time you spend on manual data entry to save money and focus on the areas of the business that need the most attention.

• Set up recurring invoices to avoid starting from scratch each time
• Add invoices in bulk to save time
• Get Google Drive integration to get automatic copies of invoices and quotes online
• Connect your bank and let transactions flow into Sage Accounting for easy reconciliation
• Make sure that you’ve always got the right amount of stock - quickly view your inventory and create reorder levels and quantities
• Get inventory reports to see stock information in seconds

Purchase Automation and AutoEntry

Spend less time on admin and more time on your hospitality work with a paperless way to manage receipts. Simply snap, scan or email a photo of your receipts, bank transactions, invoices or other documents for your Sage accounts using Purchase Automation and AutoEntry. Then categorise, publish and share them with your accountant through Sage Accounting. AutoEntry captures tax summaries and full line item details including description, quantity and unit price so it’s an easy way to log the information you need, when you need it.

Other ways to save time:

• Use dashboards to view your financial data instantly
• Use real-time data to collaborate faster with accountants or bookkeepers
• Create and send invoices, easily follow up with clients on outstanding invoices and track the health of your business in real-time from anywhere with the mobile app
• See a live running total of your tax liabilities, plan ahead and create VAT returns that can be submitted to Revenue
• View cash flow forecasts in real-time to make faster business decisions

Yes. Sage Accounting is ready to create and process invoices for sales and purchases occurred during the reduced rate of VAT period introduced by the government between 8 July 2020 and 31 March 2022.