Accounting Integrations: Making it Count for Venues

Whether you run a cafe, restaurant or catering business, finance can be an intimidating part of owning a hospitality business. From payroll to logistics and invoices or making major purchase decisions, there’s a lot to consider. Online wholesale ordering platforms like Foodbomb are here to alleviate the stress of wholesale ordering as well as minimise your venue's overheads, including bookkeeping and accounting costs. 

There are a number of ways venue owners typically handle their accounting including:

1. Manage the books themselves via an accounting platform. (If you’re undertaking this on your own, due diligence is critical). 
2. Or outsourcing to a bookkeeper/accountant to help with the input and classification of wholesale produce costs into the venue’s accounting platform.
   
   

All of which can cost your venue upwards of $5,000 a year alone! 

No kidding this cost made us look twice too, but it also got us thinking about how we can further help venues reduce their overheads. We’re no accounting experts, so we’ve partnered with market-leading accounting integrations specialists Amaka, to bring Foodbomb venues free professional accounting integrations. From order to reporting, you can spend less time and money doing the books. 

With the free Foodbomb x Amaka connection venues will be able to:

• Better manage your wholesale ordering invoices with all invoices flowing directly into your Xero account on a daily basis.
• Access Amaka’s team of professionally trained CPA accounting professionals, who are available 7 days a week. 
• See where your money is going - with detailed invoice syncing you can view current or historic invoices to ensure your accounting records are up to date. 
• Get your head out of the books and back to the kitchen by freeing up to 170 hours a year.

We’ve made it super easy to seamlessly integrate your Xero and Foodbomb accounts, learn more here or sign up today (it’s free). 

Already using Foodbomb and keen to learn more about our accounting integrations? Please reach out to your Foodbomb Growth Manager.