ROU Assets and Lease Liabilities became an important part of the balance sheet after this accounting standard was passed
ASC 842
This newer member of the GL team is a sports fanatic who played football, basketball and baseball in their youth and is a die hard Yankees Fan.
Nicholas Vendetto
You may find this on the back of a car, or on an elephant
Trunk
Not to be confused with any other meaning, "P.O.S" stands for this type of system at Toast.
Point of Sale
An artificial small horse
Phony Pony
Known mostly by its Acronym, this important financial metric is a measure of company profitability used by investors (looking for full name)
Earnings Before Interest, Taxes, Depreciation, and Amortization
This member of the accounting team hasn't grown an inch since 5th grade, but you wouldn't know from the major impact they have made since filling in here at Toast
Christen Lipschutz
You may hear this from a pig, or an intense tennis player
Grunt
Toast went public with an initial public offering under this stock symbol on September 22, 2021
TOST
An unmotivated flower
Lazy Daisy
In opposition to the full physical, this inventory counting method involves performing regular counts and recording the adjustment of specific products. Over time, the warehouse will have counted all their goods
Cycle Count Method
This Toaster moved from coast to coast before settling near the new Delphi office, and is leading the charge to transition cash to our new India Team
Kiana Thompson
A person running down the street, or a cartoon version running off a cliff
Roadrunner
This set of guiding principles recently had a revamp in February
The Toast Five
A grizzly that plays by the rules
Fair Bear
You may have to record a discount or premium if a bond is sold above or below this value
Par Value
This Ex Boston Toaster started as a Political Science and Economics Major before becoming the go to for technical accounting questions
Kevin Conlon
A chocolate bar made of crisped rice and real chocolate, or the sound of stepping on leaves
Crunch
In 2019 Toast acquired this leading provider of HR and payroll software for restaurants
StratEx/Employee Cloud
A cold hammer or saw
Cool Tool
This second step of the 606 Revenue Recognition Model looks for distinct goods or services offered to a customer
Identify the performance obligations in the contract
This toaster is obsessed with pickleball and holds the record for the 200m row at multiple local Orange Theories. They would know, they inventoried the results!
Taylor Newton
We hope to never have this type of unhappy, annoyed, or disappointed employee
Disgruntled
This new Integrated Reservation and Waitlist Management tool at Toast recently went live in April
Toast Tables
An extra piece of fruit
Spare Pear