Intacct account groups
The GL account group hierarchies behind the balance sheet, basic and board income statements, and cash flow reports.
Every balance sheet report and every income statement is built off these shared GL account groupings — not off the report itself.
Change a grouping once, and every report built on it changes. Adding or restructuring a subtotal resets formatting on every report that references it. See Intacct reporting infrastructure before making a structural change.
Source: Rackson Intacct Financial Report Guide - RRS & RCY.xlsx — the Balance Sheet GL Groups, IS Basic GL Groups, IS Board GL Groups, and Cash Flow GL Groups tabs. Hierarchy levels are shown by nesting; GL accounts appear as code entries under their group.
Balance sheet GL groups
- Assets
- Current Assets — Debit
- Total Cash — Debit
- Bank Operating Accounts — Debit, End of period
10100--Citizens Bank - Operating (RRS)10105--TD Bank - Operating (RRS)10106--TD Bank - Operating (RCY)10110--TD Bank - Operating (RCC)10115--TD Bank - Operating (RCC New)10120--Citizens Bank - Operating (FFF)10130--CIBC - Operating (BNRG)10135--Pac West - Operating (BNH)10150--UBS - Capital Circle Summit (RRS)10200--Citizens - Escrow (RRS)10210--Citizens - Escrow (RCC)10300--Citizens Bank - Payroll (RRS)10305--TD Bank - Payroll (RRS)10306--TD Bank - Payroll DHC (RCY)10310--Citizens Bank - Payroll (RCC)10320--Citizens Bank - Depository (RRS)10330--Citizens Bank - Depository (RCC)10335--Citizens Bank - Depository (RCC New)10340--TD Bank - Depository (RRS)10350--TD Bank - Operating (FFF)10360--Truist - Depository (RCC)10365--Truist Bank - Depository (RCC New)10370--Bank of Princeton - Depository (RRS)10380--PNC Bank - Depository (RRS)10390--PNC Bank - Depository (RCC)10395--PNC Bank - Depository (RCC New)10400--Key Bank - Depository (RCC)10410--Franklin Bank- Depository (RRS)10700--RKC Chase - Operating (RRS)10710--RKC Chase - Boston Ave #2764 (RRS)10720--RKC Chase - Conn Ave #1611 (RRS)10730--RKC Chase - High Ridge #2273 (RRS)10740--RKC Chase - Main St #2162 (RRS)10750--RKC Chase - Stratford #893 (RRS)10760--RKC TD Bank - Store #22482 (RRS)10505--MUFG - Interest Checking10506--Capital One - Interest Checking10500--TD Bank - Money Market10660--MUFG - 3 MO CD10670--MUFG - 3 MO CD (Jun 24)
- Cash Deposits in Transit — Debit, End of period
10900--Deposits in Transit - Cash
- Due From Credit Card Processor — Debit, End of period
10950--Deposits in Transit - Credit Card
- Due from Delivery Partners — Debit, End of period
10960--Deposits in Transit - Delivery10965--Deposits in Transit - DoorDash10970--Deposits in Transit - UberEats10975--Deposits in Transit - Grubhub10980--Deposits in Transit - OLO10985--Deposits in Transit - EZ Cater
- Cash Letters of Credit — Debit, End of period
10600--Letter of Credit - Citizens Bank (RRS)10650--Letter of Credit - TD Bank10655--Letter of Credit - MUFG
- Cash Change Funds — Debit, End of period
10800--Change Funds11000--Petty Cash
- Inventory — Debit, End of period
13000--Inventory13500--Maintenance Inventory
- Due From (To) Affiliates — Debit, End of period
12200--Due From (To) RRS / RBS12300--Due From (To) Rackson Holdings12400--Due From (To) Related Party12500--Due From (To) RCC / RRS - Exp Reimb12501--Due From (To) RCC - Mgmt Fee12502--Due From (To) RRS / RCC - Mgmt Fee12505--Due From (To) RRS / RCY12506--Due From (To) BNH / RCY12600--Due From (To) Hopelawn23500--Due to Rackson Restaurants23600--Due From (To) FFF / RRS
- Rebates Receivable — Debit, End of period
12700--Rebates Rec - Beverage12710--Rebates Rec - Coca Cola12720--Rebates Rec - Dr Pepper12730--Rebates Rec - RSI
- Prepaid Expenses — Debit, End of period
14000--Prepaid Expenses14100--Prepaid Real Estate Taxes14200--Prepaid Personal Property Taxes14300--Prepaid Insurance14400--Prepaid Health Insurance14500--Prepaid Rent14600--Prepaid POS Support
- Short-Term Investments — Debit, For period
- Other Current Assets — Debit, End of period
12000--Accounts Receivable12800--Due From Employees12850--Pay Card Account12900--Gift Cards12100--Due From Seller
- Bank Operating Accounts — Debit, End of period
- Property, Plant & Equipment, Net — Debit
- Fixed Assets — Debit, End of period
15000--Land15100--Building15200--Land Improvements15300--Building Improvements15400--Furniture & Fixtures15500--Restaurant Equipment15600--Office Equipment15700--Maintenance Vans15900--Construction in Progress
- Accumulated Depreciation — Debit, End of period
16100--Accum Depr - Bldg16200--Accum Depr-Bldg Improvements16600--Accum Depreciation
- Right-of-Use Operating Lease Assets — Debit, End of period
15950--Right of Use Assets (ASC 842)
- Fixed Assets — Debit, End of period
- Intangible Assets, Net of Accumulated Amortization — Debit
- Intangible Assets — Debit, End of period
17100--Franchise Fee17200--Franchise Agreements17300--Loan Committment Fee17400--Organization Expense17500--Goodwill17600--Deferred Financing Costs17700--Odyssey Intangibles
- Accumulated Amortization — Debit, End of period
17900--Accum Amort - Franchise Fees17910--Accum Amort - Financing Costs17920--Accum Amort - Franchise Agreement17930--Accum Amort - Goodwill
- Other Assets — Debit, End of period
18100--Security Deposits18200--Investment in Rackson King Conn18210--Investment in Fordham (Popeyes 10973)18220--Capital Contribution Elim in RRS Consol18230--Investment in Rackson Broad St18300--Interest Rate Swap18500--Preopening Expenses19998--Blue Note Allocation Clearing19999--Clearing Account19997--Clearing Account - Flame
- Intangible Assets — Debit, End of period
- Liabilities & Equity
- Liabilities — Credit
- Current Liabilities — Credit
- Accounts Payable — Credit, End of period
20000--Accounts Payable20500--Credit Card Payable - Other20510--CC Payable - RCC CB Mastercard20600--CC Payable - Amex RRS20601--CC Payable - Amex RCC20602--CC Payable - Amex FFF20603--CC Payable - TD Bank20604--CC Payable - Amex RCY
- Sales Tax Payable — Credit, End of period
22200--Sales Tax Payable22250--CAT Tax Payable22300--Use Tax Payable
- Royalties Payable — Credit, End of period
22400--Royalties Payable
- Advertising Payable — Credit, End of period
22600--Advertising Payable
- Accrued Payroll — Credit, End of period
21000--Accrued Payroll21100--Tips Payable21600--401(K) Payable21700--BK Family Fund21800--Accrued Bonus21900--HSA Payable22900--Unclaimed Payroll Checks24600--Accrued Futa Credit Reduction - Ct22100--Garnishments Payable
- Accrued Expenses — Credit, End of period
22350--Miscellaneous Payable23000--Due to NBI Food Service of Hopelawn23100--Due to Seller24000--Accrued Expenses24100--Accrued Utilities24700--Accrued Interest
- Accrued Rent and Real Estate Tax — Credit, End of period
24200--Accrued Real Estate Tax24500--Accrued Percentage Rent
- Current Portion of LTD — Credit, End of period
27940--ST Note Payable27900--Current Portion of N/P - Citizens27910--Current Portion of Ltd
- Current Portion of Lease Liabilities - Operating — Credit, End of period
27980--Lease Liability - ST Operating (ASC 842)
- Current Portion of Finance Liability — Credit, End of period
27990--Capital Lease - ST (ASC 842)
- Accounts Payable — Credit, End of period
- Long Term Liabilities — Credit
- Long Term Debt — Credit, End of period
28000--Note Payable - Citizens28005--Term Loan - MUFG 008028010--Loan Payable - Related Party28015--Term Loan - CONA28020--Note Payable - CONA DDTL28050--Const Line of Credit - Citizens28060--Revolving LOC - MUFG 008128070--Development LOC - MUFG 008228110--Promissory Note - Preferred Food SVC28300--Note Payable28100--Note Payable - Odyssey28310--Note Payable - Oak Street 117056 (#10405)28150--Note Payable - SBA PPP28160--Note Payable - BKC28320--Note Payable - Oak Street 117058 (#12351)28330--Note Payable - Oak Street 117406 (#2529)28340--Note Payable - Oak Street 117596 (#2731)28350--Note Payable - Oak Street 117597 (#2817)28360--Note Payable - Oak Street 117598 (#3903)28370--Note Payable - Oak Street 118080 (#12016)28400--Note Payable RCY - Saxonwold28410--Note Payable - Simmons Bank28420--Note Payable - Simmons Bank 70177340 (2001418)28425--Note Payable - Simmons Bank 70177340 (2001354)28430--Note Payable - Simmons Bank 70177340 (2001232)28098--Current Portion N/P- Citizens Contra28099--Less Current Portion of Long-Term Debt
- Deferred Rent Payable — Credit, End of period
27950--Deferred Rent27960--Deferred Income
- Interest Rate Swap — Credit, End of period
27970--Interest Rate Swap
- Lease Liabilities - Operating — Credit, End of period
29000--Lease Liability - LT Operating (ASC 842)
- Finance Lease Liability, Net of Current Portion — Credit, End of period
29010--Capital Lease - LT (ASC 842)
- Long Term Debt — Credit, End of period
- Equity — Credit
- Owners Equity — Credit, End of period
30000--Capital Contributions30500--Cumulative Distributions To Members32000--Accumulated Earnings (Deficit)
- Current Year Net Income (Loss) — Credit, For period
41000--Food Sales-BK41100--Food Sales-DHC41300--Food Sales-Cinnabon41400--Food Sales-Popeyes41500--Non-Food Sales48000--Chargebacks/Voids48010--Discounts49000--Rebate Income - Beverages49100--Rebate Income - RSI50100--COS - Food50120--COS - Sand Prep/Salad50150--COS - Other Food50200--COS - Condiments50300--COS - Soda50320--COS - Shakes & Drinks50350--COS - Alcoholic Beverages50400--COS - Paper50420--COS - Cups & Lids50450--COS - Misc Paper50500--COS - Shortening50600--COS - Promos50700--COS - Other50800--Purchases Discount60100--Salaried Management60150--Hourly Management60200--Hourly Labor60300--Overtime60500--Bonuses60900--Payroll Tax Expense60905--401K Expense60910--Other Employee Benefits61100--Workers Compensation61200--Medical Insurance61500--Recruiting70100--Rent - Base70110--Occupancy - Insurance70120--Common Area Maintenance70130--Deferred Rent70140--Rent - Percentage70200--Equipment Rental71000--Utilities - Gas71100--Utilities - Electric71200--Water & Sewer71300--Garbage & Trash Removal71500--Telephone71550--Internet71600--Music71700--Extermination71800--Security71850--Armored Car72100--Real Estate Taxes72200--Personal Property Tax73000--Contract Maintenance73100--R&M - Building73200--R&M - Equipment73210--R&M - IT73300--Cleaning Supplies73400--Supplies73500--Uniforms73600--Postage/Freight74100--Advertising74110--Advertising - ITP Credits74200--Local Store Marketing74300--Promotional Items75100--Paid Outs75200--Cash Register Short (Over)75300--POS Support Fees75400--Credit Card Merchant Fees75450--Delivery Fees - Commissions75460--Delivery Fees - Marketing75500--Management Fee75600--Royalty Fees75610--Royalty - ITP Credits75700--Gross Receipts / Sales Tax80100--Salaries - Office & Admin80200--Salaries - District Mgr & Director80250--Bonuses- Area Coach & Director80260--Managers in Training80300--401(K) Expense - G&A80500--In House Maintenance80900--Payroll Tax Exp - G&A81100--Training/Seminars/Conferences81200--District Manager Automobile81210--District Manager Cell Phone82100--Office Expense82200--Recruiting82300--Bank Charges82500--Insurance - Gen Liab82510--Insurance - Auto82515--Insurance - Business Owners82520--Insurance - Umbrella82530--Insurance - Flood82540--Medical Insurance - G&A82550--Other Employee Benefits - G&A82600--Licenses and Fees82605--License Violations82800--Donations83100--Audit/Tax Fees83120--Accounting & Payroll Processing83150--Legal Fees83200--Professional Fees83300--Recruiting - G&A83900--Miscellaneous Expense84100--Office Rent84200--Office/Computer Supp/Maint84250--Office IT Support84260--Software84300--Office Equip Rental84400--Office Phone/Internet84500--Office Utilities84600--Office Real Estate Tax85800--Travel85810--Travel - Lodging85820--Travel - Meals85830--Travel - Transit85850--Store Visit Purchases85880--Automobile85900--Recognition - G&A86700--Goodwill Impairment86800--Depreciation Expense86850--Depreciation Expense - ROU86900--Amortization Expense87000--Management Fee - RRS87050--Management Fee - RCC87100--Interest Income87110--Investment Income87150--Miscellaneous Income87200--Interest Expense87300--Insurance Losses88100--Penalties and Interest88200--Acquisition Related88240--Non-Recurring Expense88245--Recruiting & Severance88250--Preopen Expenses88251--Temp Close Expense88252--Perm Close Expense88260--Sponsor Fees88270--Director Fees88500--Interest Rate Swap88520--Tax88550--Stock Compensation89010--G/L - Assets Disposed89011--G/L - Asset Disp (Accum Dep)89012--G/L - Assets Disp (Hist Cost)89020--Gain on Loan Forgiveness99999--Clearing Account
- Owners Equity — Credit, End of period
Income statement — basic GL groups
- Net Income / G3 - Adjusted EBITDA (Non-Board) / G3 - Net Operating Income
- Gross Profit — Credit
- Net Revenue — Credit
- Gross Revenue — Credit, For period
41000--Food Sales-BK41100--Food Sales-DHC41300--Food Sales-Cinnabon41400--Food Sales-Popeyes41500--Non-Food Sales
- Comps & Discounts — Credit, For period
48000--Chargebacks/Voids48010--Discounts
- Cost of Sales — Debit, For period
50100--COS - Food50120--COS - Sand Prep/Salad50150--COS - Other Food50200--COS - Condiments50300--COS - Soda50320--COS - Shakes & Drinks50350--COS - Alcoholic Beverages50400--COS - Paper50420--COS - Cups & Lids50450--COS - Misc Paper50500--COS - Shortening50600--COS - Promos50700--COS - Other50800--Purchases Discount49000--Rebate Income - Beverages49100--Rebate Income - RSI
- Expenses — Debit
- Labor Expenses — Debit, For period
60100--Salaried Management60150--Hourly Management60200--Hourly Labor60300--Overtime60500--Bonuses60900--Payroll Tax Expense60905--401K Expense60910--Other Employee Benefits61100--Workers Compensation61200--Medical Insurance61500--Recruiting
- Controllables — Debit, For period
71850--Armored Car75200--Cash Register Short (Over)73300--Cleaning Supplies73000--Contract Maintenance71700--Extermination71300--Garbage & Trash Removal71550--Internet74200--Local Store Marketing75100--Paid Outs73600--Postage/Freight74300--Promotional Items73100--R&M - Building73200--R&M - Equipment73210--R&M - IT80500--In House Maintenance75700--Gross Receipts / Sales Tax71800--Security73400--Supplies71500--Telephone73500--Uniforms71100--Utilities - Electric71000--Utilities - Gas71200--Water & Sewer
- Occupancy Costs — Debit, For period
70100--Rent - Base70140--Rent - Percentage72100--Real Estate Taxes70110--Occupancy - Insurance70120--Common Area Maintenance
- Non-Controllables — Debit, For period
82300--Bank Charges75400--Credit Card Merchant Fees75450--Delivery Fees - Commissions75460--Delivery Fees - Marketing82200--Recruiting70200--Equipment Rental82530--Insurance - Flood82520--Insurance - Umbrella82500--Insurance - Gen Liab82600--Licenses and Fees82605--License Violations71600--Music72200--Personal Property Tax75300--POS Support Fees
- Royalties & Advertising — Debit, For period
75600--Royalty Fees75610--Royalty - ITP Credits74100--Advertising74110--Advertising - ITP Credits
- General & Administrative — Debit, For period
75500--Management Fee80100--Salaries - Office & Admin80200--Salaries - District Mgr & Director80250--Bonuses- Area Coach & Director80260--Managers in Training80300--401(K) Expense - G&A80900--Payroll Tax Exp - G&A81100--Training/Seminars/Conferences82550--Other Employee Benefits - G&A81200--District Manager Automobile81210--District Manager Cell Phone82540--Medical Insurance - G&A82510--Insurance - Auto82515--Insurance - Business Owners82800--Donations83120--Accounting & Payroll Processing83100--Audit/Tax Fees83150--Legal Fees83200--Professional Fees83300--Recruiting - G&A85900--Recognition - G&A84200--Office/Computer Supp/Maint84250--Office IT Support84260--Software84300--Office Equip Rental84400--Office Phone/Internet84500--Office Utilities84100--Office Rent84600--Office Real Estate Tax85850--Store Visit Purchases85800--Travel85810--Travel - Lodging85820--Travel - Meals85830--Travel - Transit85880--Automobile82100--Office Expense87000--Management Fee - RRS87050--Management Fee - RCC
- Other Income & Expenses — Debit, For period
87100--Interest Income83900--Miscellaneous Expense87110--Investment Income87150--Miscellaneous Income87200--Interest Expense87300--Insurance Losses88100--Penalties and Interest88200--Acquisition Related88240--Non-Recurring Expense88245--Recruiting & Severance88250--Preopen Expenses88251--Temp Close Expense88252--Perm Close Expense88260--Sponsor Fees88270--Director Fees88520--Tax89010--G/L - Assets Disposed89011--G/L - Asset Disp (Accum Dep)89012--G/L - Assets Disp (Hist Cost)89020--Gain on Loan Forgiveness99999--Clearing Account
- NonCash Expenses — Debit, For period
70130--Deferred Rent88500--Interest Rate Swap88550--Stock Compensation86700--Goodwill Impairment86800--Depreciation Expense86900--Amortization Expense
- Labor Expenses — Debit, For period
- Gross Profit — Credit
Income statement — board GL groups
Board reports add sections below net income to build up to Adjusted EBITDA. The Comp - EBITDA group is a Computation structure with the formula G3 - Net Income + G1 - EBITDA add backs — Intacct's report writer cannot sum across rows within a column, only column plus column.
- Net Income / G3 - Adjusted EBITDA (Non-Board) / G3 - Net Operating Income
- Gross Profit — Credit
- Net Revenue — Credit
- Gross Revenue — Credit, For period
41000--Food Sales-BK41100--Food Sales-DHC41300--Food Sales-Cinnabon41400--Food Sales-Popeyes41500--Non-Food Sales
- Comps & Discounts — Credit, For period
48000--Chargebacks/Voids48010--Discounts
- Cost of Sales — Debit, For period
50100--COS - Food50120--COS - Sand Prep/Salad50150--COS - Other Food50200--COS - Condiments50300--COS - Soda50320--COS - Shakes & Drinks50350--COS - Alcoholic Beverages50400--COS - Paper50420--COS - Cups & Lids50450--COS - Misc Paper50500--COS - Shortening50600--COS - Promos50700--COS - Other50800--Purchases Discount49000--Rebate Income - Beverages49100--Rebate Income - RSI
- Expenses — Debit
- Labor Expenses — Debit, For period
60100--Salaried Management60150--Hourly Management60200--Hourly Labor60300--Overtime60500--Bonuses60900--Payroll Tax Expense60905--401K Expense60910--Other Employee Benefits61100--Workers Compensation61200--Medical Insurance61500--Recruiting
- Controllables — Debit, For period
71850--Armored Car75200--Cash Register Short (Over)73300--Cleaning Supplies73000--Contract Maintenance71700--Extermination71300--Garbage & Trash Removal71550--Internet74200--Local Store Marketing75100--Paid Outs73600--Postage/Freight74300--Promotional Items73100--R&M - Building73200--R&M - Equipment73210--R&M - IT80500--In House Maintenance75700--Gross Receipts / Sales Tax71800--Security73400--Supplies71500--Telephone73500--Uniforms71100--Utilities - Electric71000--Utilities - Gas71200--Water & Sewer
- Occupancy Costs — Debit, For period
70100--Rent - Base70140--Rent - Percentage72100--Real Estate Taxes70110--Occupancy - Insurance70120--Common Area Maintenance
- Non-Controllables — Debit, For period
82300--Bank Charges75400--Credit Card Merchant Fees75450--Delivery Fees - Commissions75460--Delivery Fees - Marketing82200--Recruiting70200--Equipment Rental82530--Insurance - Flood82520--Insurance - Umbrella82500--Insurance - Gen Liab82600--Licenses and Fees82605--License Violations71600--Music72200--Personal Property Tax75300--POS Support Fees
- Royalties & Advertising — Debit, For period
75600--Royalty Fees75610--Royalty - ITP Credits74100--Advertising74110--Advertising - ITP Credits
- General & Administrative — Debit, For period
75500--Management Fee80100--Salaries - Office & Admin80200--Salaries - District Mgr & Director80250--Bonuses- Area Coach & Director80260--Managers in Training80300--401(K) Expense - G&A80900--Payroll Tax Exp - G&A81100--Training/Seminars/Conferences82550--Other Employee Benefits - G&A81200--District Manager Automobile81210--District Manager Cell Phone82540--Medical Insurance - G&A82510--Insurance - Auto82515--Insurance - Business Owners82800--Donations83120--Accounting & Payroll Processing83100--Audit/Tax Fees83150--Legal Fees83200--Professional Fees83300--Recruiting - G&A85900--Recognition - G&A84200--Office/Computer Supp/Maint84250--Office IT Support84260--Software84300--Office Equip Rental84400--Office Phone/Internet84500--Office Utilities84100--Office Rent84600--Office Real Estate Tax85850--Store Visit Purchases85800--Travel85810--Travel - Lodging85820--Travel - Meals85830--Travel - Transit85880--Automobile82100--Office Expense87000--Management Fee - RRS87050--Management Fee - RCC
- Other Income & Expenses — Debit, For period
87100--Interest Income83900--Miscellaneous Expense87110--Investment Income87150--Miscellaneous Income87200--Interest Expense87300--Insurance Losses88100--Penalties and Interest88200--Acquisition Related88240--Non-Recurring Expense88245--Recruiting & Severance88250--Preopen Expenses88251--Temp Close Expense88252--Perm Close Expense88260--Sponsor Fees88270--Director Fees88520--Tax89010--G/L - Assets Disposed89011--G/L - Asset Disp (Accum Dep)89012--G/L - Assets Disp (Hist Cost)89020--Gain on Loan Forgiveness99999--Clearing Account
- NonCash Expenses — Debit, For period
70130--Deferred Rent88500--Interest Rate Swap88550--Stock Compensation86700--Goodwill Impairment86800--Depreciation Expense86900--Amortization Expense
- Labor Expenses — Debit, For period
- Gross Profit — Credit
- EBITDA / G3 - Net Income / G3 - Adjusted EBITDA (Non-Board) / G3 - Net Operating Income
- Gross Profit — Credit
- Net Revenue — Credit
- Gross Revenue — Credit, For period
41000--Food Sales-BK41100--Food Sales-DHC41300--Food Sales-Cinnabon41400--Food Sales-Popeyes41500--Non-Food Sales
- Comps & Discounts — Credit, For period
48000--Chargebacks/Voids48010--Discounts
- Cost of Sales — Debit, For period
50100--COS - Food50120--COS - Sand Prep/Salad50150--COS - Other Food50200--COS - Condiments50300--COS - Soda50320--COS - Shakes & Drinks50350--COS - Alcoholic Beverages50400--COS - Paper50420--COS - Cups & Lids50450--COS - Misc Paper50500--COS - Shortening50600--COS - Promos50700--COS - Other50800--Purchases Discount49000--Rebate Income - Beverages49100--Rebate Income - RSI
- Expenses — Debit
- Labor Expenses — Debit, For period
60100--Salaried Management60150--Hourly Management60200--Hourly Labor60300--Overtime60500--Bonuses60900--Payroll Tax Expense60905--401K Expense60910--Other Employee Benefits61100--Workers Compensation61200--Medical Insurance61500--Recruiting
- Controllables — Debit, For period
71850--Armored Car75200--Cash Register Short (Over)73300--Cleaning Supplies73000--Contract Maintenance71700--Extermination71300--Garbage & Trash Removal71550--Internet74200--Local Store Marketing75100--Paid Outs73600--Postage/Freight74300--Promotional Items73100--R&M - Building73200--R&M - Equipment73210--R&M - IT80500--In House Maintenance75700--Gross Receipts / Sales Tax71800--Security73400--Supplies71500--Telephone73500--Uniforms71100--Utilities - Electric71000--Utilities - Gas71200--Water & Sewer
- Occupancy Costs — Debit, For period
70100--Rent - Base70140--Rent - Percentage72100--Real Estate Taxes70110--Occupancy - Insurance70120--Common Area Maintenance
- Non-Controllables — Debit, For period
82300--Bank Charges75400--Credit Card Merchant Fees75450--Delivery Fees - Commissions75460--Delivery Fees - Marketing82200--Recruiting70200--Equipment Rental82530--Insurance - Flood82520--Insurance - Umbrella82500--Insurance - Gen Liab82600--Licenses and Fees82605--License Violations71600--Music72200--Personal Property Tax75300--POS Support Fees
- Royalties & Advertising — Debit, For period
75600--Royalty Fees75610--Royalty - ITP Credits74100--Advertising74110--Advertising - ITP Credits
- General & Administrative — Debit, For period
75500--Management Fee80100--Salaries - Office & Admin80200--Salaries - District Mgr & Director80250--Bonuses- Area Coach & Director80260--Managers in Training80300--401(K) Expense - G&A80900--Payroll Tax Exp - G&A81100--Training/Seminars/Conferences82550--Other Employee Benefits - G&A81200--District Manager Automobile81210--District Manager Cell Phone82540--Medical Insurance - G&A82510--Insurance - Auto82515--Insurance - Business Owners82800--Donations83120--Accounting & Payroll Processing83100--Audit/Tax Fees83150--Legal Fees83200--Professional Fees83300--Recruiting - G&A85900--Recognition - G&A84200--Office/Computer Supp/Maint84250--Office IT Support84260--Software84300--Office Equip Rental84400--Office Phone/Internet84500--Office Utilities84100--Office Rent84600--Office Real Estate Tax85850--Store Visit Purchases85800--Travel85810--Travel - Lodging85820--Travel - Meals85830--Travel - Transit85880--Automobile82100--Office Expense87000--Management Fee - RRS87050--Management Fee - RCC
- Other Income & Expenses — Debit, For period
87100--Interest Income83900--Miscellaneous Expense87110--Investment Income87150--Miscellaneous Income87200--Interest Expense87300--Insurance Losses88100--Penalties and Interest88200--Acquisition Related88240--Non-Recurring Expense88245--Recruiting & Severance88250--Preopen Expenses88251--Temp Close Expense88252--Perm Close Expense88260--Sponsor Fees88270--Director Fees88520--Tax89010--G/L - Assets Disposed89011--G/L - Asset Disp (Accum Dep)89012--G/L - Assets Disp (Hist Cost)89020--Gain on Loan Forgiveness99999--Clearing Account
- NonCash Expenses — Debit, For period
70130--Deferred Rent88500--Interest Rate Swap88550--Stock Compensation86700--Goodwill Impairment86800--Depreciation Expense86900--Amortization Expense
- EBITDA add backs — Debit, For period
87200--Interest Expense86800--Depreciation Expense86900--Amortization Expense70130--Deferred Rent
- Labor Expenses — Debit, For period
- Gross Profit — Credit
- Comp - EBITDA
- Sum of the following:
- → G3 - Net Income
- → G1 - EBITDA add backs
- Adjusted EBITDA / G3 - EBITDA / G3 - Net Income / G3 - Adjusted EBITDA (Non-Board) / G3 - Net Operating Income
- Gross Profit — Credit
- Net Revenue — Credit
- Gross Revenue — Credit, For period
41000--Food Sales-BK41100--Food Sales-DHC41300--Food Sales-Cinnabon41400--Food Sales-Popeyes41500--Non-Food Sales
- Comps & Discounts — Credit, For period
48000--Chargebacks/Voids48010--Discounts
- Cost of Sales — Debit, For period
50100--COS - Food50120--COS - Sand Prep/Salad50150--COS - Other Food50200--COS - Condiments50300--COS - Soda50320--COS - Shakes & Drinks50350--COS - Alcoholic Beverages50400--COS - Paper50420--COS - Cups & Lids50450--COS - Misc Paper50500--COS - Shortening50600--COS - Promos50700--COS - Other50800--Purchases Discount49000--Rebate Income - Beverages49100--Rebate Income - RSI
- Expenses — Debit
- Labor Expenses — Debit, For period
60100--Salaried Management60150--Hourly Management60200--Hourly Labor60300--Overtime60500--Bonuses60900--Payroll Tax Expense60905--401K Expense60910--Other Employee Benefits61100--Workers Compensation61200--Medical Insurance61500--Recruiting
- Controllables — Debit, For period
71850--Armored Car75200--Cash Register Short (Over)73300--Cleaning Supplies73000--Contract Maintenance71700--Extermination71300--Garbage & Trash Removal71550--Internet74200--Local Store Marketing75100--Paid Outs73600--Postage/Freight74300--Promotional Items73100--R&M - Building73200--R&M - Equipment73210--R&M - IT80500--In House Maintenance75700--Gross Receipts / Sales Tax71800--Security73400--Supplies71500--Telephone73500--Uniforms71100--Utilities - Electric71000--Utilities - Gas71200--Water & Sewer
- Occupancy Costs — Debit, For period
70100--Rent - Base70140--Rent - Percentage72100--Real Estate Taxes70110--Occupancy - Insurance70120--Common Area Maintenance
- Non-Controllables — Debit, For period
82300--Bank Charges75400--Credit Card Merchant Fees75450--Delivery Fees - Commissions75460--Delivery Fees - Marketing82200--Recruiting70200--Equipment Rental82530--Insurance - Flood82520--Insurance - Umbrella82500--Insurance - Gen Liab82600--Licenses and Fees82605--License Violations71600--Music72200--Personal Property Tax75300--POS Support Fees
- Royalties & Advertising — Debit, For period
75600--Royalty Fees75610--Royalty - ITP Credits74100--Advertising74110--Advertising - ITP Credits
- General & Administrative — Debit, For period
75500--Management Fee80100--Salaries - Office & Admin80200--Salaries - District Mgr & Director80250--Bonuses- Area Coach & Director80260--Managers in Training80300--401(K) Expense - G&A80900--Payroll Tax Exp - G&A81100--Training/Seminars/Conferences82550--Other Employee Benefits - G&A81200--District Manager Automobile81210--District Manager Cell Phone82540--Medical Insurance - G&A82510--Insurance - Auto82515--Insurance - Business Owners82800--Donations83120--Accounting & Payroll Processing83100--Audit/Tax Fees83150--Legal Fees83200--Professional Fees83300--Recruiting - G&A85900--Recognition - G&A84200--Office/Computer Supp/Maint84250--Office IT Support84260--Software84300--Office Equip Rental84400--Office Phone/Internet84500--Office Utilities84100--Office Rent84600--Office Real Estate Tax85850--Store Visit Purchases85800--Travel85810--Travel - Lodging85820--Travel - Meals85830--Travel - Transit85880--Automobile82100--Office Expense87000--Management Fee - RRS87050--Management Fee - RCC
- Other Income & Expenses — Debit, For period
87100--Interest Income83900--Miscellaneous Expense87110--Investment Income87150--Miscellaneous Income87200--Interest Expense87300--Insurance Losses88100--Penalties and Interest88200--Acquisition Related88240--Non-Recurring Expense88245--Recruiting & Severance88250--Preopen Expenses88251--Temp Close Expense88252--Perm Close Expense88260--Sponsor Fees88270--Director Fees88520--Tax89010--G/L - Assets Disposed89011--G/L - Asset Disp (Accum Dep)89012--G/L - Assets Disp (Hist Cost)89020--Gain on Loan Forgiveness99999--Clearing Account
- NonCash Expenses — Debit, For period
70130--Deferred Rent88500--Interest Rate Swap88550--Stock Compensation86700--Goodwill Impairment86800--Depreciation Expense86900--Amortization Expense
- EBITDA add backs — Debit, For period
87200--Interest Expense86800--Depreciation Expense86900--Amortization Expense70130--Deferred Rent
- Adjusted EBITDA add backs - ALL — Debit
- Adjusted EBITDA add backs - other — Debit, For period
88260--Sponsor Fees88270--Director Fees88200--Acquisition Related88245--Recruiting & Severance88250--Preopen Expenses88251--Temp Close Expense88252--Perm Close Expense88520--Tax
- Adjusted EBITDA add backs - one-time — Debit, For period
87100--Interest Income83900--Miscellaneous Expense87150--Miscellaneous Income88100--Penalties and Interest88500--Interest Rate Swap88550--Stock Compensation88240--Non-Recurring Expense87300--Insurance Losses89010--G/L - Assets Disposed89011--G/L - Asset Disp (Accum Dep)89012--G/L - Assets Disp (Hist Cost)
- Labor Expenses — Debit, For period
- Gross Profit — Credit
- Comp - Adjusted EBITDA
- Sum of the following:
- → Comp - EBITDA
- → G1 - Adjusted EBITDA add backs - ALL
Cash flow GL groups
When publishing a cash flow report, always tie the calculated ending cash back to the balance sheet summary's cash balance, and confirm the net change makes sense. A miscoded entry can throw off the net change without being obvious anywhere else.
- Ending Cash after Net Change / CF3 - Net Increase (Decrease) In Cash
- Cash Flows from Operating Activities — Credit
- Net Income — Credit
- Adjusted EBITDA (Non-Board) — Credit
- Net Operating Income — Credit
- Gross Profit — Credit
- Net Revenue — Credit
- Gross Revenue — Credit, For period
41000--Food Sales-BK41100--Food Sales-DHC41300--Food Sales-Cinnabon41400--Food Sales-Popeyes41500--Non-Food Sales
- Comps & Discounts — Credit, For period
48000--Chargebacks/Voids48010--Discounts
- Cost of Sales — Debit, For period
50100--COS - Food50120--COS - Sand Prep/Salad50150--COS - Other Food50200--COS - Condiments50300--COS - Soda50320--COS - Shakes & Drinks50350--COS - Alcoholic Beverages50400--COS - Paper50420--COS - Cups & Lids50450--COS - Misc Paper50500--COS - Shortening50600--COS - Promos50700--COS - Other50800--Purchases Discount49000--Rebate Income - Beverages49100--Rebate Income - RSI
- Expenses — Debit
- Labor Expenses — Debit, For period
60100--Salaried Management60150--Hourly Management60200--Hourly Labor60300--Overtime60500--Bonuses60900--Payroll Tax Expense60905--401K Expense60910--Other Employee Benefits61100--Workers Compensation61200--Medical Insurance61500--Recruiting
- Controllables — Debit, For period
71850--Armored Car75200--Cash Register Short (Over)73300--Cleaning Supplies73000--Contract Maintenance71700--Extermination71300--Garbage & Trash Removal71550--Internet74200--Local Store Marketing75100--Paid Outs73600--Postage/Freight74300--Promotional Items73100--R&M - Building73200--R&M - Equipment73210--R&M - IT80500--In House Maintenance75700--Gross Receipts / Sales Tax71800--Security73400--Supplies71500--Telephone73500--Uniforms71100--Utilities - Electric71000--Utilities - Gas71200--Water & Sewer
- Occupancy Costs — Debit, For period
70100--Rent - Base70140--Rent - Percentage72100--Real Estate Taxes70110--Occupancy - Insurance70120--Common Area Maintenance
- Non-Controllables — Debit, For period
82300--Bank Charges75400--Credit Card Merchant Fees75450--Delivery Fees - Commissions75460--Delivery Fees - Marketing82200--Recruiting70200--Equipment Rental82530--Insurance - Flood82520--Insurance - Umbrella82500--Insurance - Gen Liab82600--Licenses and Fees82605--License Violations71600--Music72200--Personal Property Tax75300--POS Support Fees
- Royalties & Advertising — Debit, For period
75600--Royalty Fees75610--Royalty - ITP Credits74100--Advertising74110--Advertising - ITP Credits
- General & Administrative — Debit, For period
75500--Management Fee80100--Salaries - Office & Admin80200--Salaries - District Mgr & Director80250--Bonuses- Area Coach & Director80260--Managers in Training80300--401(K) Expense - G&A80900--Payroll Tax Exp - G&A81100--Training/Seminars/Conferences82550--Other Employee Benefits - G&A81200--District Manager Automobile81210--District Manager Cell Phone82540--Medical Insurance - G&A82510--Insurance - Auto82515--Insurance - Business Owners82800--Donations83120--Accounting & Payroll Processing83100--Audit/Tax Fees83150--Legal Fees83200--Professional Fees83300--Recruiting - G&A85900--Recognition - G&A84200--Office/Computer Supp/Maint84250--Office IT Support84260--Software84300--Office Equip Rental84400--Office Phone/Internet84500--Office Utilities84100--Office Rent84600--Office Real Estate Tax85850--Store Visit Purchases85800--Travel85810--Travel - Lodging85820--Travel - Meals85830--Travel - Transit85880--Automobile82100--Office Expense87000--Management Fee - RRS87050--Management Fee - RCC
- Other Income & Expenses — Debit, For period
87100--Interest Income83900--Miscellaneous Expense87110--Investment Income87150--Miscellaneous Income87200--Interest Expense87300--Insurance Losses88100--Penalties and Interest88200--Acquisition Related88240--Non-Recurring Expense88245--Recruiting & Severance88250--Preopen Expenses88251--Temp Close Expense88252--Perm Close Expense88260--Sponsor Fees88270--Director Fees88520--Tax89010--G/L - Assets Disposed89011--G/L - Asset Disp (Accum Dep)89012--G/L - Assets Disp (Hist Cost)89020--Gain on Loan Forgiveness99999--Clearing Account
- NonCash Expenses — Debit, For period
70130--Deferred Rent88500--Interest Rate Swap88550--Stock Compensation86700--Goodwill Impairment86800--Depreciation Expense86900--Amortization Expense
- Labor Expenses — Debit, For period
- Adjustments to Reconcile — Credit
- Depreciation Expense — Credit, For period
16600--Accum Depreciation
- Amortization Expense — Credit, For period
17900--Accum Amort - Franchise Fees17920--Accum Amort - Franchise Agreement17910--Accum Amort - Financing Costs17930--Accum Amort - Goodwill
- G/L on Assets Disposed — Credit, For period
89010--G/L - Assets Disposed89011--G/L - Asset Disp (Accum Dep)89012--G/L - Assets Disp (Hist Cost)
- Change in Fair Value of Interest Rate Swap — Credit, For period
18300--Interest Rate Swap27970--Interest Rate Swap
- Changes in ROU Assets & Lease Liabilities — Credit, For period
15950--Right of Use Assets (ASC 842)27980--Lease Liability - ST Operating (ASC 842)27990--Capital Lease - ST (ASC 842)29000--Lease Liability - LT Operating (ASC 842)29010--Capital Lease - LT (ASC 842)
- Other Adjustments — Credit, For period
27950--Deferred Rent27960--Deferred Income
- Depreciation Expense — Credit, For period
- Changes in Assets and Liabilities — Credit
- Inventory — Credit, For period
13000--Inventory13500--Maintenance Inventory
- Rebates Receivable — Credit, For period
12700--Rebates Rec - Beverage12710--Rebates Rec - Coca Cola12720--Rebates Rec - Dr Pepper12730--Rebates Rec - RSI
- Prepaid Expenses — Credit, For period
14000--Prepaid Expenses14100--Prepaid Real Estate Taxes14200--Prepaid Personal Property Taxes14300--Prepaid Insurance14400--Prepaid Health Insurance14500--Prepaid Rent14600--Prepaid POS Support
- Due To (From) Affiliaties — Credit, For period
12200--Due From (To) RRS / RBS12300--Due From (To) Rackson Holdings12400--Due From (To) Related Party12500--Due From (To) RCC / RRS - Exp Reimb12501--Due From (To) RCC - Mgmt Fee12502--Due From (To) RRS / RCC - Mgmt Fee12505--Due From (To) RRS / RCY12506--Due From (To) BNH / RCY12600--Due From (To) Hopelawn23500--Due to Rackson Restaurants23600--Due From (To) FFF / RRS
- Other Current Assets — Credit, For period
12000--Accounts Receivable12800--Due From Employees12850--Pay Card Account12900--Gift Cards12100--Due From Seller
- Accounts Payable — Credit, For period
20000--Accounts Payable20500--Credit Card Payable - Other20510--CC Payable - RCC CB Mastercard20600--CC Payable - Amex RRS20601--CC Payable - Amex RCC20602--CC Payable - Amex FFF20603--CC Payable - TD Bank20604--CC Payable - Amex RCY
- Sales Tax Payable — Credit, For period
22200--Sales Tax Payable22250--CAT Tax Payable22300--Use Tax Payable
- Royalties Payable — Credit, For period
22400--Royalties Payable
- Advertising Payable — Credit, For period
22600--Advertising Payable
- Accrued Payroll — Credit, For period
21000--Accrued Payroll21100--Tips Payable21600--401(K) Payable21700--BK Family Fund21800--Accrued Bonus21900--HSA Payable22900--Unclaimed Payroll Checks24600--Accrued Futa Credit Reduction - Ct22100--Garnishments Payable
- Accrued Expenses — Credit, For period
22350--Miscellaneous Payable23000--Due to NBI Food Service of Hopelawn23100--Due to Seller24000--Accrued Expenses24100--Accrued Utilities24700--Accrued Interest
- Accrued Rent & RE Taxes — Credit, For period
24200--Accrued Real Estate Tax24500--Accrued Percentage Rent
- Inventory — Credit, For period
- Cash Flows From Investing Activities — Credit
- Purchase of Property and Equipment, net — Credit, For period
15100--Building15200--Land Improvements15300--Building Improvements15400--Furniture & Fixtures15500--Restaurant Equipment15600--Office Equipment15700--Maintenance Vans15900--Construction in Progress89012--G/L - Assets Disp (Hist Cost)
- Purchase of Property and Equipment, net — Credit, For period
- Adjust for G/L of Disposed Assets — Credit
- Gross Profit — Credit
- Multiply the following:
- → CF1 - Adjustment for G/L on Assets Disposed
- → 1
- Franchise Renewal Fees — Credit, For period
17100--Franchise Fee17200--Franchise Agreements
- Certificates of deposits greater than 3 month maturity — Credit, For period
- Other Noncurrent Assets — Credit, For period
17300--Loan Committment Fee17500--Goodwill17600--Deferred Financing Costs17700--Odyssey Intangibles18100--Security Deposits18210--Investment in Fordham (Popeyes 10973)18220--Capital Contribution Elim in RRS Consol19997--Clearing Account - Flame19998--Blue Note Allocation Clearing19999--Clearing Account
- Cash flows from Financing Activities — Credit
- Proceeds from Long Term Debt — Credit, For period
27900--Current Portion of N/P - Citizens27910--Current Portion of Ltd27940--ST Note Payable28000--Note Payable - Citizens28005--Term Loan - MUFG 008028010--Loan Payable - Related Party28015--Term Loan - CONA28020--Note Payable - CONA DDTL28050--Const Line of Credit - Citizens28060--Revolving LOC - MUFG 008128070--Development LOC - MUFG 008228098--Current Portion N/P- Citizens Contra28099--Less Current Portion of Long-Term Debt28100--Note Payable - Odyssey28110--Promissory Note - Preferred Food SVC28150--Note Payable - SBA PPP28160--Note Payable - BKC28200--Note Payable - Intangibles28300--Note Payable28310--Note Payable - Oak Street 117056 (#10405)28320--Note Payable - Oak Street 117058 (#12351)28330--Note Payable - Oak Street 117406 (#2529)28340--Note Payable - Oak Street 117596 (#2731)28350--Note Payable - Oak Street 117597 (#2817)28360--Note Payable - Oak Street 117598 (#3903)28370--Note Payable - Oak Street 118080 (#12016)28410--Note Payable - Simmons Bank28400--Note Payable RCY - Saxonwold28420--Note Payable - Simmons Bank 70177340 (2001418)28425--Note Payable - Simmons Bank 70177340 (2001354)28430--Note Payable - Simmons Bank 70177340 (2001232)
- Principal Payments on Notes — Credit, For period
27900--Current Portion of N/P - Citizens27910--Current Portion of Ltd27940--ST Note Payable28000--Note Payable - Citizens28005--Term Loan - MUFG 008028010--Loan Payable - Related Party28015--Term Loan - CONA28020--Note Payable - CONA DDTL28050--Const Line of Credit - Citizens28060--Revolving LOC - MUFG 008128070--Development LOC - MUFG 008228098--Current Portion N/P- Citizens Contra28099--Less Current Portion of Long-Term Debt28100--Note Payable - Odyssey28110--Promissory Note - Preferred Food SVC28150--Note Payable - SBA PPP28160--Note Payable - BKC28200--Note Payable - Intangibles28300--Note Payable28310--Note Payable - Oak Street 117056 (#10405)28320--Note Payable - Oak Street 117058 (#12351)28330--Note Payable - Oak Street 117406 (#2529)28340--Note Payable - Oak Street 117596 (#2731)28350--Note Payable - Oak Street 117597 (#2817)28360--Note Payable - Oak Street 117598 (#3903)28370--Note Payable - Oak Street 118080 (#12016)28400--Note Payable RCY - Saxonwold28410--Note Payable - Simmons Bank28420--Note Payable - Simmons Bank 70177340 (2001418)28425--Note Payable - Simmons Bank 70177340 (2001354)28430--Note Payable - Simmons Bank 70177340 (2001232)
- Other Financing Activities — Credit, For period
30000--Capital Contributions30500--Cumulative Distributions To Members
- Beginning Cash — Debit, Start of period
10100--Citizens Bank - Operating (RRS)10105--TD Bank - Operating (RRS)10106--TD Bank - Operating (RCY)10115--TD Bank - Operating (RCC New)10120--Citizens Bank - Operating (FFF)10150--UBS - Capital Circle Summit (RRS)10200--Citizens - Escrow (RRS)10210--Citizens - Escrow (RCC)10300--Citizens Bank - Payroll (RRS)10305--TD Bank - Payroll (RRS)10306--TD Bank - Payroll DHC (RCY)10310--Citizens Bank - Payroll (RCC)10320--Citizens Bank - Depository (RRS)10335--Citizens Bank - Depository (RCC New)10340--TD Bank - Depository (RRS)10350--TD Bank - Operating (FFF)10365--Truist Bank - Depository (RCC New)10370--Bank of Princeton - Depository (RRS)10380--PNC Bank - Depository (RRS)10395--PNC Bank - Depository (RCC New)10400--Key Bank - Depository (RCC)10410--Franklin Bank- Depository (RRS)10500--TD Bank - Money Market10700--RKC Chase - Operating (RRS)10710--RKC Chase - Boston Ave #2764 (RRS)10720--RKC Chase - Conn Ave #1611 (RRS)10730--RKC Chase - High Ridge #2273 (RRS)10740--RKC Chase - Main St #2162 (RRS)10750--RKC Chase - Stratford #893 (RRS)10760--RKC TD Bank - Store #22482 (RRS)10900--Deposits in Transit - Cash10950--Deposits in Transit - Credit Card10960--Deposits in Transit - Delivery10965--Deposits in Transit - DoorDash10970--Deposits in Transit - UberEats10975--Deposits in Transit - Grubhub10600--Letter of Credit - Citizens Bank (RRS)10650--Letter of Credit - TD Bank10800--Change Funds11000--Petty Cash10505--MUFG - Interest Checking10506--Capital One - Interest Checking10655--Letter of Credit - MUFG10660--MUFG - 3 MO CD10670--MUFG - 3 MO CD (Jun 24)10980--Deposits in Transit - OLO10985--Deposits in Transit - EZ Cater
- Proceeds from Long Term Debt — Credit, For period
- Franchise Renewal Fees — Credit, For period
- Ending Cash
- Sum of the following:
- → CF1 - Beginning Cash
- → CF3 - Net Increase (Decrease) In Cash
Related
- Intacct report guide — the 154 reports these groups feed
- Intacct reporting infrastructure — the EBITDA formula and what breaks on a structural change
- Data-to-account matrix — which workpaper owns each account