Review of Square Point of Sale for Restaurants, Cafes & Hospitality Bookkeeping

Square Point of Sale

Review of Square Point of Sale for Restaurants, Cafes & Hospitality Bookkeeping

The decision to purchase or upgrade your point of sale ( POS) is not an easy one.

There are many factors to consider including:

The cost vs the benefits.
The time to learn and understand the platform.
Ease of navigation.
How the platform works with other systems including QuickBooks.
Accessibility. Is it cloud based?
Reaching support at critical times of system crash or malfunction.
The level of reporting desired. Purchasing the right level of technology for your needs.

Today’s article will focus on the Square POS. I will review the features and benefits from a bookkeepers perspective.

The Benefits of Square POS.

Cloud based.
Easy to navigate dashboard.
Clear reporting with the key metrics displayed in simple terms.
Revenue, tax and tips are focal points for the dashboard.
Specialty reports such as Square loans are easily accessible with a click.
Detailed reporting such as item reordering, multi store management, customer relationship management & purchase order are available.
QuickBooks integration is available via an APP.
Cost is affordable.

Square Downsides:

Not a complete inventory system. ( tracking ingredients per dish )
Physical inventory is needed to calculate cost of goods sold.
Does not replace a full HR system for employee management.

Summary:

As a professional bookkeeper, who works with Square every day, I recommend this platform. The reports are easy to use. The layout is super easy to follow. The cost is right.

The cloud based nature makes it a good choice. Square can be linked to QuickBooks. It is not essential as the reports highlight the key metrics.

Allrestaurant
bookkeeper

(440) 533-9224

Square Point of Sale

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