Revenue and cash reconciliation
Yesterday's sales matched to today's deposits, store by store.
Spacetil pulls sales from your POS, PMS, delivery platforms and payment processors, matches them to bank deposits and processor settlements, and flags the differences before they reach your financials.
Spacetil is the AI-native ERP for multi-unit operators, built for franchise groups and multi-location businesses with 10 or more units: software plus a Spacetil accounting team, $350 per location per month.
Illustrative view of revenue & cash in Spacetil.
How do you reconcile POS sales to bank deposits for every location?
Spacetil pulls each day's sales from your POS, PMS, delivery apps and processors, then matches them to bank deposits and settlements, net of fees, chargebacks and tips. Cash over/short and missing deposits are flagged the next morning with the location named, and a Spacetil accountant works each variance until it is resolved.
What Spacetil does here.
And what your Spacetil accounting team does
Your Spacetil accounting team reviews unresolved variances, approves write-offs and investigates patterns with you, such as a location that keeps coming up short.
Meet the accountants- Collects every revenue stream
- In-store, online, delivery platforms and payment processors, for every location, in one place.
- Matches sales to cash
- Ties each day's sales to deposits and settlements, net of fees, chargebacks and tips.
- Finds the variance
- Cash over/short, missing deposits and fee changes are flagged the day they happen, with the location named.
- Posts clean revenue
- Journal entries by location and revenue type land in the ledger with the backup attached.
- Shows which stores keep coming up short
- Revenue, fees and variances side by side by location, so the same store being $200 short every Friday stands out.
Before and after.
The systems you already run.
- Toast
- NCR
- QuBeyond
- Zenoti
- Mindbody
- ABC Fitness
- DoorDash
- UberEats
- Grubhub
- Plaid
Questions
- Which POS and PMS systems does it support?
- Restaurant, hotel, fitness and salon systems including Toast, NCR, Zenoti, Mindbody and ABC Fitness, plus the delivery platforms. See the integrations page for the full list.
- How does it handle tips, fees and chargebacks?
- Each is matched and posted separately, so revenue, fees and tip liabilities are clean in the ledger.
- What if a deposit never arrives?
- Spacetil flags it the day it is late and keeps it open until it is resolved or written off with your Spacetil accounting team's approval.
Guides: How do franchisees account for royalties and ad fund fees? · How should a multi-unit fitness franchisee handle accounting?
Works alongside
- Month-end closeEvery entity reconciled and closed in 5 days
- Cash forecastingCash and P&L projected by location
- Accounts payableInvoices coded, approved and paid on time
See revenue & cash on systems like yours.
We'll walk through it on the POS, banks and ledger your locations run, with the accountants who would review the work.
Book a demo