--- title: Grow your restaurant business with QuickBooks Online and FIXE description: QuickBooks Online (QBO) is an industry-standard software that small businesses use to efficiently manage their finances. FIXE integrates QBO. image: https://hub.getmyfixe.com/hubfs/Imported_Blog_Media/feature-grow-your-restaurant-business-with-qb.jpg --- [Skip to content](https://hub.getmyfixe.com/communal-table/grow-your-business-with-quickbooks-online#main-content) [![FIXE Logo](https://hub.getmyfixe.com/hs-fs/hubfs/FIXE-2@2x.png?width=333&height=200&name=FIXE-2@2x.png)Homepage](https://www.getmyfixe.com/) - [How FIXE Works](https://www.getmyfixe.com/how-fixe-works/) - [Restaurant Types](https://www.getmyfixe.com/restaurant-types/) - [Pricing](https://www.getmyfixe.com/pricing/) - [FAQs](https://www.getmyfixe.com/faqs/) - [Communal Table](https://hub.getmyfixe.com/communal-table) [Book a demo](https://www.getmyfixe.com/book-a-demo/) - [How FIXE Works](https://www.getmyfixe.com/how-fixe-works/) - [Restaurant Types](https://www.getmyfixe.com/restaurant-types/) - [Pricing](https://www.getmyfixe.com/pricing/) - [FAQs](https://www.getmyfixe.com/faqs/) - [Communal Table](https://hub.getmyfixe.com/communal-table) [Book a demo](https://www.getmyfixe.com/book-a-demo/) ![](https://hub.getmyfixe.com/hs-fs/hubfs/Imported_Blog_Media/feature-grow-your-restaurant-business-with-qb.jpg?width=1500&height=1000&name=feature-grow-your-restaurant-business-with-qb.jpg) Franchises Bookkeeping Financial Reporting # Grow your restaurant business with QuickBooks Online (and FIXE) ![Yogish](https://hub.getmyfixe.com/hubfs/FIXE-mark-sky-icon.svg) Yogish July 25, 2024 **Short answer:** QuickBooks Online (QBO) handles the core financial work a restaurant needs at startup and as it grows: tracking income and expenses, reconciling bank transactions, mapping them to your Chart of Accounts and producing reports like your P&L and balance sheet. It scales from one location to a franchise with 200 stores by managing each store's accounting individually. FIXE uses QBO as its system of record for all restaurant bookkeeping and pairs it with restaurant expertise, dedicated service and automation. [QuickBooks Online](https://quickbooks.intuit.com/) (QBO) is a widely recognized industry-standard software that small businesses use to efficiently manage their finances. It handles all the essential financial tasks that companies need both at startup and as they grow. With QBO, businesses can easily track their income and expenses. The software aggregates transactions from bank accounts and automatically reconciles them. Additionally, QBO categorizes various transactions and maps them to the appropriate Chart of Accounts for accurate accounting. At FIXE, we integrate QBO into our software suite to provide comprehensive financial management for our customers. ## Key takeaways - QBO tracks your income and expenses, pulls in bank transactions, reconciles them and maps them to your Chart of Accounts. - It handles location-specific complexity as you grow, like California's hundreds of sales tax jurisdictions. - It produces the reports you need, including your P&L, balance sheet, accounts payable, accounts receivable and cash flow. - For franchises, QBO manages each store's accounting individually, whether you own 10 stores or 200. - FIXE uses QBO as its single system of record for all restaurant bookkeeping, which keeps your financials consistent and accurate. ## What QuickBooks Online handles as you grow Accounting standards, reporting requirements, and regulations vary significantly depending on the business’s location. QuickBooks Online (QBO) simplifies these complexities for businesses. For example, California alone has hundreds of sales tax jurisdictions. Additionally, as a business grows, whether adding 1 or 50 locations, additional accounting complexities arise. QBO handles these challenges smoothly, ensuring compliance and accuracy, allowing businesses to focus on their core operations. To keep track of financials, businesses need various reports, such as Profit & Loss statements, balance sheets, etc. and would like to know what their accounts payable, accounts receivable, cash flow and outstanding invoices are. QuickBooks Online (QBO) provides these capabilities to small businesses, making it an essential tool for financial management. When starting a business, one of the first pieces of advice from accountants is often, “Go get QuickBooks.” While there are other accounting software options available, QBO has been remarkably effective for over decades. This proven track record gives us confidence in using QBO for all our [restaurant bookkeeping](https://www.getmyfixe.com/better-bookkeeping/) needs at FIXE. ## QuickBooks Online for franchise owners What if I am a franchise owner? Typically, each restaurant in a franchise is managed separately, and QuickBooks Online (and FIXE) can handle that easily. Whether you own 10, 50, 100, or even 200 stores, QBO can manage the accounting for each one individually. No matter how large your restaurant franchise grows, QuickBooks+FIXE can manage it without any issues, providing a reliable system for your financial management needs. ## Reporting for restaurant groups At FIXE, we specialize in the restaurant industry and offer unique capabilities to restaurant / franchise / group owners, or management companies with multiple restaurants. Whether you manage fast food outlets, dine-in restaurants, bars, or catering services, we can provide aggregated and comparative reports tailored to your needs. Our comprehensive reporting allows you to compare the financial performance across different restaurant concepts, helping you make informed decisions to drive your business forward. Our team of account managers, bookkeepers, and experts supports groups, multi-entity businesses, and individual restaurants by utilizing QuickBooks Online (QBO). Whether you have one location or multiple, you can access our portal to view your financials easily. Customers want reports on a periodic basis, whether weekly, monthly, or quarterly in formats specific to restaurants.  At FIXE, we generate these reports (on-demand), a functionality that currently exists. We have now enhanced our capabilities to enable multi unit management. For restaurant owners/managers, we manage your in-house and 3rd party sales figures, payroll, and accounts payable by combining restaurant expertise, proven software (such as Quickbooks, Ottimate, Shogo, etc.), dedicated service, and automation to streamline bookkeeping. so you can stay current and focus on what really matters…running and growing your restaurant. We are introducing a single destination where you can manage your entire group of restaurants. Through this portal, you can assign operational responsibilities for each location, enabling designated managers to view and run their operations efficiently.  We are addressing this complexity to streamline your management processes. Once this is in place, we shall provide various comparative reports. This capability represents the next evolution of our services, which will be rolled out over the next few months. ## Using AI to spot trends The vision is to use AI to provide customers with actionable insights. For example, “My cost of goods, such as tomatoes, is going up by X dollars,” or “Your labor costs are increasing significantly month-to-month or quarter-to-quarter, so watch it.” Additionally, we can analyze “What are my beverage sales compared to my alcohol sales?” While we can provide these insights for each individual location, our goal is to offer comprehensive analyses across all locations. This advanced capability will help you identify trends, manage costs more effectively, and make data-driven decisions to enhance your business operations. By using AI, we aim to deliver valuable insights that help you improve performance and profitability across your entire restaurant portfolio. ## Why FIXE uses QuickBooks Online as its system of record We have made a strategic decision to adopt QuickBooks Online (QBO) as our system of record for all financials, accounting, and restaurant bookkeeping. By focusing on a single accounting system, we ensure that we can provide the best services to our customers. QBO enables us to maintain consistent, accurate, and efficient financial management, allowing us to deliver exceptional support and insights to help our customers grow and succeed. ## Frequently asked questions ### Is QuickBooks Online good for restaurants? Yes. It's an industry standard that small businesses have relied on for decades, and it covers what restaurants need: income and expense tracking, bank reconciliation, sales tax complexity by location, and reports like your P&L, balance sheet, accounts payable and accounts receivable. FIXE uses QBO for all of its restaurant bookkeeping. ### Can QuickBooks Online handle a restaurant franchise or multiple locations? Yes. Each restaurant in a franchise is typically managed separately, and QBO can manage the accounting for each one individually, whether you own 10, 50, 100 or 200 stores. FIXE can then provide aggregated and comparative reports across your locations and concepts. ### Why does FIXE use QuickBooks Online as its system of record? Focusing on a single accounting system lets FIXE keep financial management consistent, accurate and efficient for every customer. FIXE pairs QBO with restaurant expertise, other proven software like Ottimate and Shogo, dedicated service and automation, so you can stay current and focus on running your restaurant. ## More on Tech Stack and AP Software This post is part of our [Tech Stack and AP Software](https://hub.getmyfixe.com/communal-table/restaurant-tech-stack) guide. Keep reading: - [Tips For Choosing a Restaurant Tech Stack](https://hub.getmyfixe.com/communal-table/tips-for-choosing-a-restaurant-tech-stack) - [Best Restaurant365 Replacements for Small Groups](https://hub.getmyfixe.com/communal-table/best-restaurant365-replacements-for-small-groups) - [Restaurant reporting software: What to look for and how to compare it](https://hub.getmyfixe.com/communal-table/restaurant-reporting-software-what-to-look-for-and-how-to-compare-it) Want a quick read on your own books? [Get your Restaurant Financial Health Score](https://hub.getmyfixe.com/health-score?src=blog). ## Share this post [mailto:https%3A%2F%2Fhub.getmyfixe.com%2Fcommunal-table%2Fgrow-your-business-with-quickbooks-online](mailto:https%3A%2F%2Fhub.getmyfixe.com%2Fcommunal-table%2Fgrow-your-business-with-quickbooks-online) ## Keep reading ### [![The Complete Guide to Restaurant Payroll Reconciliation](https://hub.getmyfixe.com/hs-fs/hubfs/FIXE-The-Complete-Guide-to-Restaurant-Payroll-Reconciliation.jpg?width=1672&height=941&name=FIXE-The-Complete-Guide-to-Restaurant-Payroll-Reconciliation.jpg) Tipping Bookkeeping FIXE The Complete Guide to Restaurant Payroll Reconciliation](https://hub.getmyfixe.com/communal-table/the-complete-guide-to-restaurant-payroll-reconciliation) ### [![Best Restaurant Bookkeeping Firms for Multi-Unit Groups](https://hub.getmyfixe.com/hs-fs/hubfs/FIXE-Best-Restaurant-Bookkeeping-Firms-for-Multi-Unit-Groups.jpg?width=1672&height=941&name=FIXE-Best-Restaurant-Bookkeeping-Firms-for-Multi-Unit-Groups.jpg) 3rd Party Apps Franchises Bookkeeping Best Restaurant Bookkeeping Firms for Multi-Unit Groups (2026)](https://hub.getmyfixe.com/communal-table/best-restaurant-finance-partners-for-operators) [![FIXE-2@2x-1](https://hub.getmyfixe.com/hs-fs/hubfs/FIXE-2@2x-1.png?width=150&height=90&name=FIXE-2@2x-1.png "FIXE-2@2x-1")](https://www.getmyfixe.com/) - SOLUTIONS - [How FIXE Works](https://www.getmyfixe.com/how-fixe-works/) - [Fresh Financial Reports](https://www.getmyfixe.com/how-fixe-works/#reports) - [A/P Automation](https://www.getmyfixe.com/how-fixe-works/#automation) - [3rd Party App Intelligence](https://www.getmyfixe.com/how-fixe-works/#3rd-party-intelligence) - RESOURCES - [Restaurant Types](https://www.getmyfixe.com/restaurant-types/) - [Pricing](https://www.getmyfixe.com/pricing/) - [Book a demo](https://www.getmyfixe.com/book-a-demo/) - [Glossary](https://www.getmyfixe.com/fixe-restaurant-bookkeeping-glossary/) - COMPANY - [FAQs](https://www.getmyfixe.com/faqs/) - [Communal Table](https://www.getmyfixe.com/communal-table/) - [Sign in](https://www.fixebookkeeping.com/) - [Contact us](https://www.getmyfixe.com/contact-us/) © 2026 FIXE. All rights reserved.   [Privacy policy](https://www.getmyfixe.com/privacy-policy/) --- {{ footer\_js() }} {{ js\_integration\_body\_end() }} ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Yogish", "url" : "https://hub.getmyfixe.com/communal-table/author/yogish" }, "dateModified" : "2026-10-28T22:10:02.794Z", "datePublished" : "2024-07-25T00:36:17.000Z", "headline" : "Grow your restaurant business with QuickBooks Online and FIXE", "image" : [ "https://hub.getmyfixe.com/hubfs/Imported_Blog_Media/feature-grow-your-restaurant-business-with-qb.jpg" ], "mainEntityOfPage" : { "@id" : "https://hub.getmyfixe.com/communal-table/grow-your-business-with-quickbooks-online", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://hub.getmyfixe.com/hubfs/FIXE-2@2x.png" }, "name" : "Fixe Inc." } } ``` ```json { "@context" : "https://schema.org", "@type" : "FAQPage", "mainEntity" : [ { "@type" : "Question", "acceptedAnswer" : { "@type" : "Answer", "text" : "Yes. 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