Service is at the heart of the hospitality sector, delivering experiences to customers providing accommodation, food and leisure opportuntities. AccountsIQ shares this customer-first ethos, delivering pioneering, cloud accounting software that meets our users current and evolving needs, whether a single outlet or part of a group, restaurant and bar chain or franchise.
Our open API enables integration with point-of-sale (EPOS) 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. AccountsIQ allows data to be updated automatically so you'll always have the latest financial insights.
AccountsIQ provides a single, integrated accounting system with online access for staff right across your business. 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.
AccountsIQ has a unique structure allowing hospitality businesses to maintain core financial accounting in parallel with tailored business analysis. It's flexible too and accommodates 4-4-5 accounting calendars. 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. General Ledger chart of accounts are USALI-compliant (Uniform System of Accounts for the Lodging Industry), an international reporting requirement for hotels.