Food cost as a percentage of sales, tip pooling accounting, and multi-unit P&L for restaurant operators. Nexus gives restaurant finance teams the cost visibility they need to protect margins in a low-margin business.
Restaurant profitability depends on tight control of food cost (typically 28–35% of sales) and labor cost (typically 30–35% of sales). Without daily visibility into these metrics by location, problems compound before management can respond.
IRS rules on tip reporting, tip pooling arrangements, and service charges create payroll and accounting complexity that most restaurant operators manage inconsistently. Non-compliance creates significant tax exposure.
Third-party delivery platforms (DoorDash, UberEats, Grubhub) remit net payments after deducting commissions, promotions, and adjustments. Reconciling gross sales to net remittances manually is time-consuming and error-prone.
GAAP
IRS tip reporting rules (Form 8027)
FLSA (tip credit rules)
Food and
labor cost % available daily by location
Delivery platform
reconciliation automated
Tip pooling
calculated and documented correctly
See how Plurafi handles your industry's complexity