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Accounting & Bookkeeping for Restaurants & Bars

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Bookkeeping Services for

RESTAURANTS

The restaurant industry is fiercely competitive, from foods and commodity pricing issues to new IRS regulations–the industry has faced with the cost and impact of several challenges. As businesses adapt to these new circumstances, they face increasing pressure on sales margins and profitability.

Manage Costs

Whether it’s from catering, a restaurant, or a food truck, easily track your income and expenses. Collect, report, and pay sales tax faster.

Financial Reporting

Restaurants run on tight margins. Understand how changes to your menu or operations impact your bottom line. Such as P&L or balance sheet.

Manage Cash Flow

Cash flow reports lets you view money-in and money-out trends at a glance so you can see in real-time how your restaurant is doing and make informed business decisions.

Leave Accounting Matters to an Expert Partner Team

Hourly Bookkeeping helps implement cloud-based automation technologies to your restaurant accounting and financial management functions to give you greater visibility into your restaurant, bar or other hospitality business.

We help you make decisions that boost sales and profitability; allowing you to focus on customer satisfaction.

We can partner and work with you to streamline operational processes, lower prime cost ratio expenses and help to increase productivity.

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Our Bookkeeping services for the food service industry include

Accounting

  • Monthly Bookkeeping (sales receipts, accounts receivable, accounts payable, bank reconciliations, etc.)
  • Accounting system setup and training
  • Tax returns – income, sales tax, payroll

Processs Automation

  • Tip reporting and allocation
  • Inventory control for food, alcohol and retail sales
  • Point-of-sale systems integrations

Budgeting & Forecasting

  • Budget creation and updates
  • Cash flow analysis
  • Profitability analyses
  • 1099 tracking, processing, and control
Why Choose Us

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See how Hourly Bookkeeping’s tools and team will make it easy for your business understand your financials better.

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