Multi-location restaurant finance, consolidated.

Restaurants
One restaurant becomes ten

Finance problems when one restaurant becomes ten

Per-location books close fine. The group is where it breaks.

Payouts reconcile per store, not per group
POS batch
Card settlement
Delivery payout
Group roll-up · ×10by hand
Delivery apps pay you net, not gross
Gross sales · $12,900
Net $7.9k
Commission Promos Refunds Net deposit
Tips vs service charge, across every site
Tips · pass-through
Service charge
+ FICA tip credit · per state
Food cost you can't compare across sites
29%
34%
31%
38%
27%
33%
01
02
03
04
05
06
Gift cards sold here, redeemed there
Sold · loc 03Redeemed · loc 07
Deferred liability · $142,000
Group P&L by location, on close day
Manhattan
18%
Brooklyn
16%
Queens
14%
Newark
11%
Books that match the standard

Reporting standards every restaurant runs on, built into FinBoard

Every location books to the same standards, so group statements are right at close - not stitched together by hand at month-end.

Group P&L · period 6
10 locations · to GL
USAR format
Amount
% sales
Net sales
$2.48M
100%
Cost of sales
$806K
32.5%
Labor
$744K
30.0%
Prime cost
$1.55M
62.5%
Other controllable
$322K
13.0%
Controllable income
$608K
24.5%
Occupancy
$198K
8.0%
Restaurant-level profit
$410K
16.5%
Prime cost and controllable income are the two rows operators manage to.
Locations · March MTD
Prime cost focus
Location
Net sales
Prime
Manhattan
$184.2k
60%
Brooklyn
$142.6k
61%
Queens
$118.1k
57%
Long Island
$96.4k
61%
Newark
$72.3k
65%
Group prime cost60.8% · target 60%
13-period fiscal calendar
4-4-5
1
2
3
4
5
6
7
8
9
10
11
12
13

13 equal 4-week periods - every close compares like for like.

Lease subledger · ASC 842
Per entity
ROU asset$948,000
Lease liability$961,000

Amortizes down per location, rolls into group occupancy.

Gift cards · ASC 606
Deferred revenue
Outstanding liability$142,000
DeferredBreakage $9,000

Deferred until redeemed; breakage recognized ratably.

Franchisors file audited financial statements (Item 21) with the annual Franchise Disclosure Document under the FTC Franchise Rule. FinBoard keeps your books clean and audit-ready.

Connects to your stack

The tools you already run.

Two-way sync with the systems you run today. No rip-and-replace. No six-month migration project - just a live connection.

01Live connectors
TToast
77shifts
qbQuickBooks
365Restaurant365
Square
Beyond restaurants

Not a restaurant? We've got you covered.

Don't worry - the same close, consolidate and report engine, reshaped to exactly how your industry books revenue, tracks jobs, and runs its month.

Talk to a forward-deployed engineer

Bring every entity into one intelligent workspace.

Book a 30-minute consultation with our team. Bring your trial balance, we'll walk through a live consolidation and scope your custom application.

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