Accounting & GST records

Accounting records that match the counter

Sales, payments and purchases post to your books automatically, with the GST records your accountant needs.

Books

Posted from the source

Automatic posting

Bills, payments, refunds and purchases post to the ledger as they happen. There is no separate data entry to fall behind.

Chart of accounts and trial balance

A restaurant chart of accounts out of the box, and a trial balance where debits always equal credits.

Accounting periods

Close a period so its numbers cannot change underneath your accountant.

Opening balances

Bring in opening balances once when you start, so the books continue from where you are.

GST

GST records — and what we do not do

What RestoStay does

Calculates CGST and SGST on every bill from your tax settings, keeps invoices in a gapless series, and records output and input GST in your books.

What RestoStay does not do

RestoStay does not file GST returns, does not reconcile GSTR-2B, and does not generate e-invoice IRNs. Your accountant or CA works from RestoStay’s records for compliance.

Tax settings are yours

Rates and GST registrations are configured by the restaurant and changes are versioned — no rate is hard-coded in the software.

Related capabilities

  • Accounting and GST records

    Available

    Ledgers, trial balance and CGST/SGST records posted from sales and purchases.

  • Inventory and purchases

    Available

    Stock items, purchase orders, goods receipts, stock movements and variance.

  • Multi-outlet head office

    Available

    Group reports, a central menu and recipes with outlet overrides, and inter-outlet transfers.

Questions

Common questions

Can RestoStay file my GST returns?
No. RestoStay keeps GST-correct bills and records. Filing returns, GSTR-2B reconciliation and e-invoicing (IRN) are outside Restaurant V1.
Does RestoStay replace my accountant?
No. It gives your accountant accurate, complete records straight from the counter, which saves time at month-end.
Are purchases included?
Yes. Goods receipts and supplier invoices post to the books, including input GST records.

See RestoStay on your own menu

Tell us about your restaurant and we will set up a walkthrough with your dishes, your tables and your printers.