Restaurant Billing Software is the most common word in the restaurant business industry. People related to the food business know the importance of a restaurant billing system. 

In the era of digitalization, it has been impossible to run any restaurant accounts without the help of billing software. So, everyone connected to the hospitality and restaurant business should have a clear concept of accounting software. 

This article will provide detailed information on restaurant accounting solutions. So, let's dive into the journey to learn what system do restaurants use for creating bills​ or what is restaurant billing system.

What is Restaurant Billing System

A restaurant billing system combines point of sale(POS) software and advanced technology, providing accounting solutions by performing smooth transitions. 

It is a billing system that can track all your sales and essential documentation. However, restaurant billing software has become mandatory in the restaurant industry by enhancing restaurant operations. 

In addition to all accounting solutions, a billing system can also manage other restaurant operations. It includes order management, inventory tracking, production systems, generating reports, payroll, customer insights, etc. 

Moreover, a restaurant billing system can also conduct the kitchen and bar order tickets. The entire billing system is also known as restaurant billing software.

Top 15 Features of the Restaurant Billing System

The billing system should have certain features to provide the best service. Before choosing any billing system, you must ensure you have those features. 

Therefore, the billing software has exclusive features that can help you operate your restaurant effortlessly. Let's look at some key features of the restaurant billing system. 

1. Integration with POS Systems

A point-of-sale system combines hardware and software, a crucial element for business management. So, the restaurant billing system must be integrated with the POS system. It helps businesses in multiple ways. 

A strong POS software helps to communicate directly with the kitchen display system and accounting solutions. However, integrating with the POS system helps with payment by reducing time and errors.

2. Online Order  Management

An online restaurant ordering system is one trending way to enhance your business revenue. With this feature, customers can purchase their preferred food items over the internet without going to the restaurant. However, food ordering kiosks widely use the system to manage their order. 

This feature can save customers time and increase purchase intention.

3. Payment Gateway

Considering the customer's convenience, you can serve multiple payment gateways through the billing system. Thus, you can provide your customer with a secure and reliable path to complete their payment process. 

For instance, your customers will get these kinds of payment gateways such as Paypal, debit card, credit card, cash on delivery, and more. 

4. Inventory and Stock Management

Inventory management is a systematic way to help understand your current stock and organize your business sales. The restaurant billing software can allow you to monitor your restaurant's inventory. 

An effective monitoring system is one of the essential factors for increasing your business sales. So, your business success partially depends on a productive inventory monitoring process. 

5. Table Reservation System

The table reservation system is an essential feature of table management software. This feature can allow you to maintain your table booking process. 

Moreover, the table reservation system helps people reserve a table before visiting the restaurants. It reduces the complexity of dining and enhances user experiences. 

6. Offline Access

Generally, the billing software works on an online platform. However, you must choose the right POS systems supporting online and offline access. 

When you get offline access to your system, your business activities will operate automatically. You can continuously perform your purchase and selling procedure in case of any power failure or internet-related issues.  

7. Account Management

Before choosing any billing software for restaurants, you must integrate the account management feature. Moreover, this feature can assist you in calculating the total profit and loss automatically. 

This system does not need to calculate any transactional record manually. With the account management feature, you can complete the supplier payment. You can also generate vouchers such as debit, credit, contra, and journal vouchers.      

8. Menu Customization

Menu customization is an exciting feature of a restaurant billing system. This feature allows dynamic price setting according to demand and market. However, the menu customization feature can easily update the menus. 

It helps to add new dishes, modify the price and ingredients, provide special menu offers, and so much customization. So, the restaurant software systems must be integrated with the features.

9. App Integration System

The mobile app is an effective system for managing food ordering procedures. The restaurant ordering and billing system can allow you to integrate a mobile app. Moreover, you can maintain your entire system according to your requirements. 

Also, you can operate all activities from your home or any place. On the other hand, it will be very convenient for your customers because they will order their desired items anytime and anywhere. It is a great way to enhance customer satisfaction.   

10. Employee Management

Employee management is a crucial part of any restaurant business. It is impossible to sustain the restaurant industry without proper employee management. An effective employee management system helps in several ways. 

Employee management services include recording employee attendance, managing payroll, scheduling, tips and comments, etc. However, employee management allows performance analytics to find out employee contributions.

11. Customer Relationship Management (CRM)

Customer relationship management is essential for business. It helps to build a strong relationship with the customers. A good relationship with customers can achieve business growth. 

CRM helps to find customer choices by tracking their purchase history. Moreover, CRM plays a crucial role in sales by sending personalized discounts and coupons.

12. Multi-Language and Multi-Currency Support

As we know, the restaurant has a wide range of customers, including national and international. Due to the vast number of customers, sometimes restaurants face problems when handling international clients. 

In that case, a restaurant billing solution may help. A well-featured accounting software supports multi-language and multi-currency. It helps multilingual billing by supporting multiple currencies and smoothly managing international clients.

13. Centralized Database

A centralized database works as a data warehouse of any business management system. You can get a centralized data management system with the restaurant billing software. 

Therefore, you can store and update any data or information in one place. That can provide a centralized controlling system. So, it will save time and reduce data redundancy.

14. Data Backup and Security

Data is one of the precious assets of any restaurant business. Some technical errors can cause you to lose all your databases. 

To solve this problem, you need restaurant billing software to store all the data or information and get data backup or restore facilities.  

15. Real-Time Reporting

Performance checking is the most crucial feature for all businesses. With this feature, you can get widespread reports of your business. Moreover, this feature can allow you to observe accurate purchase, stock, and sell reports. 

So, this feature can reduce your workload. It can also provide an authentic report to enrich your productivity.

Key Advantages of Restaurant Billing System

Previously, you recognized some remarkable features of the restaurant billing software. But it does not end here; there is a remaining climax. Are you excited to know more details about it? 

Now, let's look at the key benefits of the restaurant billing system.

• Accessibility & Flexibility

Most entrepreneurs are worried about choosing an automated system. Sometimes, they are puzzled about how many access facilities they will get from this system. 

In that case, the restaurant accounts system can provide enough flexibility and accessibility for the users. This system is designed to erase technical complexity so users can easily use and deploy it for further needs. 

So, accessibility and flexibility are core benefits of using an accounting system in restaurants.   

• Enhanced Productivity

More productivity is crucial to the success of any business. You can increase order and productivity by applying technical glamour. Restaurant billing software is a marvellous system that helps to enhance your business productivity. 

So, it is called productivity software as well. Also, this system can provide a dynamic platform that can accurately manage all operational aspects. You can also organize your entire system quickly. 

As a result, it must ensure your business's success and fulfil your goal.   

• Availability

In the traditional restaurant business, you can not serve customers 24*7 hours. There are substantial time limitations and a lack of accommodation. In that case, it will negatively impact your business sales and reputation. 

To solve this mess, you can use a proper management system that is influential and can boost your business revenue. This system allows you to operate your business anywhere and serve your customers without conflict. 

• Efficient Management

No business can not sustain itself in the long run without a proper management system. However, it is more complicated to maintain the entire system manually. 

Moreover, every business's success depends on an accurate management system. To operate a restaurant business, you need an effective management system. This billing system manages the payment process and handles orders, purchases, sales, monitoring, and other essential activities. 

If you have several outlets, you can manage all the outlets smoothly by using this system. The most important criterion of this system is that it can handle the takeaways and delivery procedures.   

• Eliminates Error

When you handle all activities manually, it is common to make mistakes. Preparing the widespread reports and calculating all transactional records is a big deal. 

As human beings, we are not upstairs from errors. In the subconscious mind, you often make many mistakes, leading to losses for your business. But the machine is always perfect. 

It will restlessly perform according to your direction. Online restaurant billing software is error-free and accurately manages all functional operations.    

• Effective Tracking

A continuous monitoring system can aid in increasing your productivity. A restaurant invoice software can help you understand several factors. For instance, total sales, how many items are sold, total cost, popular foods, real customers, etc. 

Also, this online ordering system helps you to observe how effectively the resources are used. When you track all the aspects of your surface, you will need less effort to identify your restaurant business shortcomings. 

So, the POS billing software can act as a warden for your restaurant.   

• GST Support System

The restaurant billing management systems are integrated with a dynamic GST support system. The goods and services tax ( GST) system can help you complete your tax without hassle. 

However, the traditional process will be time-consuming and challenging to provide the GST. So, the restaurant POS software performs sales operations and helps pay off the goods and services tax. 

• Reliable & Secure

The restaurant invoice software can create a reliable business management platform. Using this software, you can reduce the risk of hacking and the chance of losing data. 

It can provide an effective monitoring system. So, it is your restaurant's most reliable and secure accounting software. 

• Marketing Tool

The restaurant billing system is a management software and a marketing tool. This management software can promote your business on social media. You can provide discounts, vouchers, promo codes, festival sales, buy one get one offer, and other things through this system. 

Moreover, this software can allow you to store the customer's information and offer such kinds of pitches to purchase. Also, it can provide customers with loyalty points and customization messages, which will help increase their interaction. 

Above all, it will play an essential role in improving your sales. 

• Cost-Effective

After learning about many previous benefits, you must think this business management software will be expensive. What do you think about the price of this productive system? 

If so, then you will be delighted to hear that the restaurant management system is a budget-friendly software. Also, it helps reduce your business's operation and maintenance costs. 

You need more personnel when you maintain your business in a traditional process. However, you can manage all the functionalities within a single system without a massive workforce to keep the system.  

• Accumulate Solution

You can get a complete solution to manage your restaurant business with the restaurant management software. The restaurant invoice software can provide many exclusive features that aid in booming your business. 

You can also include any features that suit your business needs. Moreover, you can maintain your customers and suppliers within a single platform. Also, it can capture customer feedback by allowing review and rating systems. 

This system can help you to operate purchases and sales processes. So, the restaurant invoice software is a combined package to upgrade your restaurant business.

How to Choose the Right Restaurant POS System

If you already have restaurant invoice software, you only need to face the following questions to determine whether your system is OK or needs upgrading.

• Is it capable of tracking your inventory and overall activities? 
• Do you get all the reports accurately? 
• Does it provide a smooth transaction system?
• Is it integrated with an employee management system?
• Is there any customization facility?
• Can you manage your online ordering process?
• Is it combined with the supplier and purchasing management system?
• Can you get both online and offline access?     
• Is there any add-ons or app integration system?
• Is it allowed for multiple restaurant payment systems? 
• Do you get any technical support when you face a problem?
• Is there any customer management system?
• Does your software have a food management and production system?

Note: If your answer to these questions is NO, you must choose an automated and dynamic restaurant billing software. So, renovating your restaurant POS app with some remarkable features is time.  

How Much Does a Restaurant Billing System Cost

The essential equipment for all restaurant businesses is to purchase the best billing software. A question will strike you repeatedly: how much does a restaurant billing software cost? Or Which software is best for restaurant billing? Also, Are there any additional costs after purchasing the software? 

These questions may come to your mind, and you need to know the answers. Here, you can get detailed information about the cost of a restaurant billing system. You understand the price and overall cost of restaurant management software.
 

Let's discuss the price of the most popular restaurant POS systems.

Bhojon - A complete restaurant management solution with accounting software. 

Software Version: PHP 8.2

Regular License: $99 with six-month support 

Extended License: $325 with six-month support

If the support is extended to 12 months, then the cost will be 

Regular License: $134.25 

Extended License: $360.25

Let's Find the Working Flow of a POS Software

You must know how restaurant billing software works as a restaurant business entrepreneur. Here, we will provide an infographic image of a restaurant's accounting software. It will help you know how to pay bill in restaurants and how the entire system works.

Final Thought

The restaurant billing software is a combined package for managing any restaurant business. Almost all restaurant owners are familiar with the restaurant POS system. If you have a billing system, there is no need to purchase any more tools to perform your restaurant deeds. 

Moreover, you can get all the features in single packages. So, before moving forward to the restaurant industry, know properly what is restaurant billing system and how it works. To keep up with the current world, you must be used to technology appropriately. Otherwise, you can not sustain the real-world market.