Hospitality accounting software
Navigate the way ahead in real time with our hospitality accounting software. Monitor and compare live sales data, track direct and indirect costs and report KPIs to focus on profit, with robust financials and powerful analytics.
Why AccountsIQ excels for hospitality businesses
Clear, actionable insight from integrated systems
Our open API enables integration with point-of-sale (POS) and property management systems to ensure the financial impact of your trading activity is updated in real-time within AccountsIQ. Whether a restaurant or bar tracking profit margins with live sales data, or a hotel running the night audit for daily departmental revenue data, you need access to fast, reliable information.
Drive profitability and accountability
View data, on demand, to support the finance team and local unit and departmental managers. Track KPIs in real-time to drive proactive interventions to change the course of your business. Comparative benchmarking provides insight into the performance of locations, brands and territories.
Powerful reporting and business intelligence
AccountsIQ has a unique structure allowing hospitality businesses to maintain core financial accounting in parallel with tailored business analysis. Our innovative BI codes enable multi-dimensional analysis to reflect unique business structures. Consolidation brings all this data together to provide group and region-specific management reporting.
AccountsIQ is a Cloud-based so you don’t need a lot of processing power; you can run it on a small laptop in a restaurant. There are no issues with upgrades because they’re done automatically.
Discover our customers’ success
“There’s never a perfect time to change finance systems, but the efficiencies you gain from AccountsIQ make it completely worthwhile.”
“Previously, we relied on the basic Sage 50 and paper-based processes, which really limited efficiency and alignment within the Ross-Shire Engineering Group standards.”
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“The system is so intuitive that it almost isn’t onboarding, the team just took to it.”
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FAQs
How has Camile Thai kept up with rapid growth while still consolidating monthly after switching from QuickBooks to AccountsIQ?
Camile Thai outgrew QuickBooks as it expanded its franchise network, so it moved to AccountsIQ to scale new locations quickly while keeping monthly consolidation simple. With AccountsIQ, head office can add new restaurants without reworking the finance setup and still consolidate accounts every month, supported by cloud access and integrations (including MarketMan) to bring trading data and insights together for performance monitoring.
Do AccountsIQ reporting and business intelligence features support consolidation and group reporting for hospitality groups?
Yes. AccountsIQ can give each site/brand its own ledger and produce consolidated P&L, balance sheet, and cashflow across the group. Using BI analysis codes, transactions can be tagged by site, brand, region, and channel, enabling consolidated P&Ls and KPIs by different combinations. Teams can use built-in reports with drill-down from group level to site and transaction, role-based dashboards, and live Excel/Power BI links via OData to track KPIs such as like-for-like sales, EBITDA, labour %, and rent %. A standard chart of accounts and BI structure across entities supports consistent benchmarking.
Can you use AccountsIQ to track live KPIs and benchmark performance across locations, brands, and territories?
Yes. You can use BI analysis codes to tag transactions by location, brand/concept, territory/region, and channel. You can then run P&Ls and KPI reports filtered by those dimensions and use dashboards (or live Excel/Power BI links) to compare metrics such as sales, margin, labour %, and rent % across sites and brands using a consistent structure.
Does AccountsIQ integrate with POS and property management systems so trading activity updates in real time?
Yes. AccountsIQ can connect via an open API and integrations, so a POS or property system can send sales and charge data (e.g., daily takings, rent/charges, refunds, discounts, taxes) into AccountsIQ as journals or invoices, already coded by site/brand/revenue type. This helps keep finance data up to date with minimal manual uploads and near real-time visibility.
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