Accounting Services

Dine Technology Accounting Services

Dine Technology typically serves as the complete outsourced Accounting Department for our clients with a senior controller, senior accountants and staff accountants as necessary for the engagement. Dine can also provide accounting services on an a la carte basis to supplement a client's accounting function and can also provide CFO and Financial Planning and Analysis services on a fractional or project basis.

Dine Technology Mission

Dine Technology was founded in 2016 to provide outsourced accounting services and technology consulting to mid-sized restaurant companies using Restaurant365 as its exclusive accounting platform. Dine's mission is to optimize restaurant accounting and financial control processes by maximizing the use of technology and strict Standard Operating Procedures. Dine's SOP's are developed utilizing industry Best Practices specifically tailored to work efficiently with R365 and other key software systems in our and our clients' tech stacks.

Dine Technology was founded in 2016 to provide outsourced accounting services and technology consulting to mid-sized restaurant companies using Restaurant365 as its exclusive accounting platform. Dine's mission is to optimize restaurant accounting and financial control processes by maximizing the use of technology and strict Standard Operating Procedures. Dine's SOP's are developed utilizing industry Best Practices specifically tailored to work efficiently with R365 and other key software systems in our and our clients' tech stacks.





Manage Accounts Payable

  • -Invoice entry.
  • -Automated Electronic Invoices (EDI) management.
  • -Invoice scanning via R365 mobile app.
  • -Automated statement reconciliation.
  • -AP approval workflow.
  • -Payments via R365 Payment Services (checks, ACH, & virtual card payments).
  • -Mobile/web based payment approvals.
  • -Management of vendor A/P communication.

Reconciliation Services

  • -Daily reconciliation of all bank activity.
  • -Ensure timely receipt of all cash and credit card deposits.
  • -Weekly reconciliation of all 3rd-party ordering and delivery service payments.
  • -Daily reconciliation of POS sales and receipts.

Operational Controls & Reporting

  • -Daily reporting on sales and labor.
  • -Weekly reporting on sales and prime costs (labor and COGS).
  • - Labor scheduling & reporting on actual vs scheduled labor (summary & Punch detail).
  • - maintain database of all purchased items ensuring integrity of prices and units of measure.
  • -Maintain database of recipe costs.
  • -Implement and maintain inventory count Ssstem.
  • -Reporting on actual vs theoretical usage of purchased items.
  • -Software training.

Monthly Preparation of Financials

  • -Reconciliation of all balance sheet accounts with appropriate schedules, reconciliation reports and 3rd-party verifications.
  • -Full P&L review to ensure accurate and consistent reporting.
  • -Closing package designed to meet client's needs utilizing Restaurant365 custom financial reports module.
  • -End of period meeting with client and account controller to review financial results, outline trends, and compare results with peers in their market segment.
  • -Reporting on actual vs theoretical usage of purchased items
  • -Monthly sales tax filings.
  • -Customized KPI's and other supplemental reporting based on client's needs..

Budgeting

  • -Preparation of detail annual financial budgets by period and location.
  • -Monthly reporting on actual vs budgeted results.

Reporting

  • R365 Offers 100's of Reports in the Following Categories:
  • -Financials.
  • -Accounts Payable.
  • -Purchasing and Inventory.
  • -Labor.
  • -Banking.
  • -Commissary.
  • -Sales.
  • -Operational Analysis.
  • -Recipes and Actual vs Theoretical Analysis.

Specialized Reporting

  • -Dine curates the list of R365 reports and configures them to meet each client's needs
  • -All R365 reports can be auto-scheduled for email delivery on a specified schedule.
  • -R365 Custom Financial Report Writer:
  • ---This very powerful Report Writer enables Dine to configure financial reports and schedules to meet each client's needs.
  • ---All reports can be exported to Excel (with formulas) and each location and group of locations can report on a separate worksheet within one Excel workbook