Book-Keeping Service

Book-keeping for the restaurant, bar, café’s  is crucially important for its long term success. We will provide the accounting services along with cost analysis and other financial reports. We also provide the management accounting reports that can help a business improve performance and profitability. 

Our experience team of restaurant accounting & service professionals understands the needs of your business.

Inventory Management  & control

• Inventory & capital plays a vital role in keeping your business competitive. We will help you to keep your business running up to date.
• Our book-keeping service include inventory control which means ordering your inventory based on the report provided by the restaurant.
• We will provide the inventory statement or schedules to ensure the recording of purchases and sales are accurate and you have the real scenario of fluctuation.

Payroll Services

• We will maintain the payroll reports as per your requirement which help into manage wages, taxes and etc.
• We will book payroll cost on weekly/bi-weekly basis using the time clock reports provided  by the company.
• A payroll report is a form you use to notify governments of employment tax liabilities. We will prepare form 941 every quarter.

Weekly Sales Report

• This service will help you to understand the dynamic of sales on weekly basis.
• We will provide the report which reflect the volume of sales over the several period and shows whether sales are increasing or declining.
• Additionally, we provide the daily sales report (DSR) is the core tracking element for controlling cash, measuring cost vs. sales performance and forecasting future sales.

Bank/Cash/Credit Card Reconciliation

• We will provide bank reconciliation which ensures the accuracy of the balances shown by the bank statements and cash book.
• We will reconcile cash on daily basis in order to get proper forecast of liquidity.

Accounts Payable Reports

• This report will be sent on weekly basis and cover open invoices that are yet to pay and will also suggest payment based on due date of invoice and with your approval will make payment for approved invoices, because of this report we will be able to utilize our fund properly.
• We will reconcile the vendor statements, make the payments on behalf of clients to the vendors. 

Accounts Receivable Reports

• This report will be sent on weekly basis and will let you know about sales for which we yet to receive money. Based on this report we will come to know which customer remain overdue for long period.

Sales Tax Report

• We will calculate the sales tax and file the same on behalf of the client.
• We will book sales on daily basis from the POS report & other sales via digital source like- Grub hub, Caviar , UberEATS.
• We prepare sales tax calculation file in excel format for client which contains sales details, discount, exempt sales, use tax & sales tax details.
• This report will inform you about sales and use tax liability. 

Monthly Financial Report

• This service will help the business to manage their financial reports on monthly basis to provide accurate & timely financial information required to make day to day & short-term decision easy.
• We prepare monthly profit & loss account and balance sheet report by the end of month. & can also help to fix budget on various expenses.
• Our agenda is to take away all the financial reports hassle from you & manage it for you.