A Payment Type Account's purpose is to tell Restaurant365 what GL Account to debit when accounting for individual sales tickets imported from the POS. It is a 'mapping' of tenders, discounts, and other offsets/reductions to the sale of goods in the POS system to a Restaurant365 GL Account.
The POS Mapping Tool can map new and unmapped Payment Type Accounts brought in from the POS. Click here to learn about the POS Mapping Tool.
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The Restaurant365 POS integration automatically creates unique Payment Type Account records (in R365) for every payment and discount from Sales Tickets imported from the POS to R365. Each of these newly created Payment Type Accounts must be manually mapped to a GL Account during setup and assigned to a R365 Payment Group (as highlighted in yellow above.)
The full list of Payment Type Accounts created from the integration with your POS can be seen in the Payment Type Accounts list.
Navigation Steps
Open the Admin app.
Expand Sales & Forecasting.
Click Payment Type Accounts.
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Enter all or part of the page name in the R365 global search bar.
Select the page from the results list.
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Payment Type Account Record
Field | Description | |||||||||||||||||||||||||
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1 | Payment Type | The name assigned to payments and discounts in your POS system and imported into Restaurant365. This field should never be edited or changed—keep it exactly as imported from your POS. | ||||||||||||||||||||||||
2 | GL Account | Selected manually for each Payment Type Account. All amounts posted from Payment Type Accounts will appear as debits in the Daily Sales Summary Journal Entry. Typical GL accounts used depend on the assigned Payment Group. | ||||||||||||||||||||||||
3 | Payment Group | Categorizes each Payment Type Account into a Payment Group. This assignment determines how the system groups the transactions for reporting and GL purposes.
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4 | This is an Exception Type | When selected, this flag designates the Payment Type as an exception. The system will then track each use and allow store managers to explain its usage. These entries appear on the Exception tab of the Daily Sales Summary. Managers can assign employees and add notes for context (e.g., justifying a 20% discount).
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Exception Types
Payment Types flagged as Exceptions, that are included on the Daily Sales Summary transactions, also appear (along with the comments assigned to them by the closing store managers) on the Daily Flash Report.
Here is an example of how the Exception Payment Types are displayed on the Flash Report:
Exception Comment - This field is optional and is used to default a standard comment in the 'Reason' comment field on the Daily Sales Summary transaction for that particular exception Payment Type.
The Reason comment field on the Daily Sales Summary transaction for Exception Payment Types is an optional field. If a Reason comment is frequently used, it can be automatically assigned by adding it as the Exception Comment on the Payment Type. The Exception Comment field on the Payment Type setup allows you to enter a default comment that will appear in the Reason field on the Daily Sales Summary so the manager doesn't have to type in a value.
The comment is only a default and may be changed by the manager directly on the Daily Sales Summary transaction if desired. In the image above, the 'COMP' exception Payment Type has an Exception Comment of 'Employee Meal', but the manager erased them and added 'Custom Reason Comments' to the first three tickets (#91, #51, #52).
Consolidate On Flash
There are certain 'Exception' Payment Types that are frequently used that you may be interested in tracking as a whole but not so concerned about analyzing individual instances.
An example might be '50% EMPLOYEE' (for employee meal discounts). By selecting the 'Consolidate On Flash' check box for that Payment Type, the system will sum the total number of instances this Payment Type was used during the day and display the total count of instances it was used and the corresponding total dollar value on the Flash Report. It will also hide any individual comments that happen to be added to these Payment Types on the Daily Sales Summary transactions.
Assigning Payment Type Accounts on an On-going Basis
After the initial setup, and all the Payment Types have been mapped to GL Accounts, there are occasions where new Payment Types are added to the POS system. On the day these are used in the POS system, the Restaurant365 integration will pick these up and auto-create a new Payment Type that will need to be assigned to a GL Account and flagged with the proper Payment Group. There are three places to administer this on an on-going basis.
Using the 'Payment Type Accounts' List
The Accounting To-Do List Dashboard displays a list of any Payment Types missing a GL Account
On the Journal Entry tab of each Daily Sales Summary transaction, there is an 'Assign' button whenever a Payment Type Account associated with that day is missing a GL Account. The Payment Type Account Setup screen can be accessed directly from the Daily Sales Summary record by clicking on the 'Assign' button highlighted below. This makes it easy to quickly assign the GL Account and then Approve the Daily Sales Summary transaction