Definition
What is Outlet settlement?
In a food court, or any venue where counters share a floor, one counter often takes the money for a dish another counter cooked. Settlement is the closing exercise that establishes what each outlet earned, what it actually collected, and who therefore owes whom.
In a Bangladeshi restaurant
In a Dhaka food court a guest orders a coffee at the coffee counter and a burger from the counter beside it, and the coffee counter's cashier bills the whole thing and keeps the cash. The burger left the burger counter's kitchen, so that sale is the burger counter's revenue even though the money is sitting in the coffee counter's till. At closing the two compare what each earned against what each collected, and the coffee counter hands over the difference.
Common mistake
Treating the cash in a till as that counter's sales. Collected money is not earned money: the counter that bills for everyone looks enormous on paper and the counter that cooks for everyone looks empty, and paying out from memory at the end of the night is how the argument starts. Settle from a record of which outlet owned each line and which outlet took each payment, and write the payout down when it changes hands.
Not to be confused with
Not a day close or Z-report, which reconciles one till against its own takings for the day and never asks whose dish the money was for. It is also not the landlord's rent or commission: a percentage paid to whoever runs the building is a separate arrangement between the outlet and the landlord, settled outside the counters' accounts with each other.
Where it lives in Rosuii
An outlet is a branch within the same restaurant account. Free allows 1 branch, Starter 2, Growth 5 and Pro has no published branch cap. Multi-outlet mode starts on Starter and requires kitchen-to-outlet setup. Choose by both outlet count and required modules; see pricing for current BDT billing.
See the feature in detail