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Hone automates the capture of Sales, Labor, COGS and expenses into Quickbooks.
COGS seem high? Wondering why Labor costs seem low? With Hone’s interactive P&Ls you are always one click away from invoice images and detailed transaction info so you can audit what has been entered into Quickbooks.
With great power comes great responsibility! Restaurant bookkeeping is HARD. Hone has built validation and auditing tools to empower bookkeeping professionals to audit their work within the Hone platform.
Hone Restaurants find that they save time and money over traditional bookkeeping. For restaurants that want it all, Hone provides bookkeeping services packaged with reporting, automated AP, automated sales tax collection and payment.
Hone takes the data available in Quickbooks and uses it to create custom business metrics based on your needs. Beer sales as a percentage of pizza sales? Back of house labor as % of food sales? Or maybe just good old prime cost. However you want to measure your business, the Hone team will configure your reports and ensure that those metrics are available daily if not in real-time!
A P&L is a valuable accounting tool but restaurants often need to customize a traditional P&L to make it a valuable operational tool. Hone lets you set a custom week start and also lets you specify how COGs %s are calculated so that they are tied to the correct sales categories. Additionally, you can give your managers and operations teams versions of the P&L with sensitive data removed. Want to give investors access to a summarized income statement without all the detail – Hone enables you to give them access to custom reports so you can avoid messy custom spreadsheet-based reports.
Many small businesses are happy if they get monthly P&Ls 15 days after the month ends. Bigger companies have finance teams that project future performance, and plan out their costs and expenses. They know that proactive planning is the best way to improve performance but this has historically been hard for smaller businesses. No more!
With Hone’s forecasting and budgeting module, you can generate forecasts for upcoming weeks or months, down to individual sales categories – no spreadsheets required! You can then modify the forecasts to create custom goals based on your knowledge of weather or changing market factors. The forecasts can then be used to automatically generate budgets for cost and expense categories based on historical performance.
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Silver
Reporting & Insights |
Gold Reporting, Insights & bookkeeping tools |
Platinum Custom Reporting, Manager Reporting, Insights & bookkeeping tools |
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Features |
$86
Per month/location |
$149
Per month/location |
$279
Per month/location |
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Daily Sales & COGS |
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Standard Restaurant Daily/Weekly Business Metrics |
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Custom Restaurant Daily/Weekly Business Metrics |
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Weekly, Monthly, YTD Financial reporting w/ trend graphs and YOY comparisons |
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Custom Weekly, Monthly, YTD Financial reporting w/ trend graphs and YOY comparisons |
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Standard 1-click Sales forecasting, goal-setting and budgeting |
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Custom 1-click Sales forecasting, goal-setting and budgeting |
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Standard restaurant-focused operations dashboard |
+$25 |
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Custom restaurant-focused operations dashboard
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+$25 |
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Integrated “Ask Requests”
[Bookkeeper comms without the messy email and phone calls] |
+$100 |
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P&L audit tools for bookkeeping |
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Balance sheet Audit Tools |
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Custom Manager Reports |
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Back-Office IT setup and management |
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Customer Responsibilities |
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Add On:
Pre-requisitesBookkeeping Services |
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Starting at $700 for Bookkeeping services
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Starting at $700 for Bookkeeping services
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Pre-requisites |
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