Kris Middleton-Kearns, who is known within the FIXE community as Kris Kay, was born and raised in San Diego. She earned her certificate in accounting from Foothills Adult School, and completed general accounting and managerial accounting at Cuyamaca College. Kris handled Accounts Receivable for a fire protection company, assisted with in-house bookkeeping while also being […]
FIXE Team Member Spotlight: Kris Middleton-Kearns Read More »
Restaurant Finance Monitor hosted their annual Restaurant Finance & Development Conference from November 11-13 at the Fontainebleau Las Vegas hotel. I attended RFDC the past two years, getting the lay of the land, meeting with software companies and building relationships. This was our first year having a FIXE booth, which makes a big difference. RFDC
Restaurant Finance & Development Conference (RFDC) Takeaways Read More »
The FIXE dashboard now features custom, multi-unit comparative reporting, a powerful resource to make better informed, more timely business decisions. Restaurant groups can compare financials from up to 5 restaurants on one screen. Just select the locations, date ranges and categories you like. See exactly where you stand and find areas to improve. We can
FIXE custom, multi-entity reporting is a game-changer for restaurant bookkeeping Read More »
Mariana Martinez is a dedicated FIXE Account Manager based in Nicaragua. She grew up in the Spanish colonial town of León, and 25 years ago, her family moved to Managua, the country’s bustling capital, where she has lived ever since. With a degree in Management and International Business from Thomas More University in Managua, Mariana
FIXE Team Member Spotlight: Mariana Martinez Read More »
Which sales metrics and efficiencies should restaurants focus on to determine whether they’re succeeding in business?
How is my restaurant doing with sales and efficiency? Read More »
Nicoll Maligaya is a FIXE Senior Lead who lives in Cavite, a city that’s located south of Manila in the Philippines. She earned a Bachelor of Science degree in Business Administration and Accountancy from De La Salle University, majoring in Agribusiness Management. Before a relative connected her with FIXE in June 2022, Nicoll worked as
FIXE Team Member Spotlight: Nicoll Maligaya Read More »
Cash on cash return, sales per square foot, construction cost per square foot, and rent per square foot are the major metrics that you want to look at to see if your numbers make sense and if it’s going to be a reasonable, attainable investment.
How am I doing with my restaurant investment? Read More »
You incur expenses and record them as money leaves your bank account. Accrual spreads out expenses across the time period that expense covers.
Comparing Accrued vs. Incurred restaurant bookkeeping Read More »
Attend restaurant shows to meet people, get new perspectives and promote what you’re doing, which will benefit your business in different ways.
Benefit from restaurant shows + California Restaurant Show findings Read More »
Sales numbers don’t necessarily match up in platforms like QuickBooks Online (QBO) and Toast, which causes confusion. Understand line items.
Demystifying restaurant sales misalignment Read More »
Operating Cash Flow is an important part of succeeding in the restaurant business. You have wiggle room in how you pay some vendors.
Negotiate terms with restaurant vendors to maximize operating cash flow Read More »
QuickBooks Online (QBO) is an industry-standard software that small businesses use to efficiently manage their finances. FIXE integrates QBO.
Grow your restaurant business with QuickBooks Online (and FIXE) Read More »
FIXE can correct and categorize past expenses, payroll and sales figures. Make sure financial records are consistent and ready for tax filing.
FIXE up past financial reporting for consistency, comparison and tax purposes Read More »
Bill Lindsey co-founded COGS-Well with Dave Douglas, Glen Nelson and Mike Brown in 2019 to help restaurants with inventory management.
COGS-Well co-founder Bill Lindsey on managing restaurant inventory Read More »
Sales and bank account deposits are different. This misunderstanding can lead to not having enough money to function. Or to pay taxes.
Sales and bank deposits are different: Account for tax, tips + fees Read More »
Ryan Handel attended National Restaurant Association Show in Chicago. He shares trends and advises how to get the most out of your experience.
National Restaurant Association Show practical advice and industry trends Read More »
Financials show your Profit & Loss. Statistics tell us more about performance but don’t quantify whether you have a successful business.
Restaurant bookkeeping essentials: Financials vs. Statistics Read More »
Restaurants can follow financial calendars with 4-week, 4-week and 5-week blocks each accounting quarter, monthly, or in 13 4-week periods.
Comparing restaurant accounting calendars: Monthly vs. 4-4-5 vs. 13-period Read More »
