What is POS reconciliation?

Matching the sales your point-of-sale system reports, and the processor fees taken out, to the deposits that actually reach the bank.

Which systems does Truewind read?

POS and property management systems including Toast and Micros, plus processor, DoorDash and online travel agency payouts.

Does Truewind work for franchise and multi-location groups?

Yes. Entries are posted by location, with intercompany and management fees on the close checklist.

Does Truewind work with Sage Intacct?

Yes. Truewind connects to Sage Intacct and posts journal entries to the GL; Sage stays the system of record.

Hospitality

AI Accounting for Hospitality Groups

Turn the daily sales report into posted journal entries: tenders, tips, third-party delivery, and deposits for every location.

See how it works

Toast daily sales report alongside its Sage Intacct journal entry for Harborview

Truewind is AI accounting software for multi-location and franchise hospitality groups on Sage Intacct. It turns the daily sales report from Toast, Micros and your property management system into posted journal entries for every location, covering tenders, tips, third-party delivery and deposits, and matches POS batches and fees to bank deposits.

How does Truewind post daily sales by location?

Daily sales from Toast, Micros and your PMS are turned into journal entries for each location, split by tenders, tips, third-party delivery and deposits, ready for review and posting.

Location journal entry split by tender, tips, delivery, and deposits

Match POS, processor and delivery deposits

Truewind matches POS batches and fees to bank deposits, and ties sales to cash from processors, DoorDash and online travel agencies.

POS, processor, and delivery batches reconciled to bank deposits

See your daily sales report posted by location

Book a Demo

A close checklist built for hospitality

Payroll accruals, gift cards, management fees and intercompany entries are all on the checklist. Payroll registers, taxes and benefits are reconciled into accruals and journal entries.

Location P&L and flux

See a P&L for every location, with flux vs. prior year flagged before close.

Harborview profit and loss report with year-over-year labor expense and operating profit variances flagged for review

Frequently asked questions

What is POS reconciliation?: Matching the sales your point-of-sale system reports, and the processor fees taken out, to the deposits that actually reach the bank.
Which systems does Truewind read?: POS and property management systems including Toast and Micros, plus processor, DoorDash and online travel agency payouts.
Does Truewind work for franchise and multi-location groups?: Yes. Entries are posted by location, with intercompany and management fees on the close checklist.
Does Truewind work with Sage Intacct?: Yes. Truewind connects to Sage Intacct and posts journal entries to the GL; Sage stays the system of record.

See Truewind in your hospitality workflow

A walkthrough of your daily sales, deposits and location close with the Truewind team.