Accounting for Restaurants NYC | Services

Services Overview:

Restaurant and Hospitality Accounting Software

  • Installation and Setup of Computerized Accounting Software

Accounts Receivable

  • Record Sales figures from POS system into accounting system
  • Maintain up-to-date billing system
  • Collection and allocation of payments
  • Investigate and resolve customer queries or credit card chargebacks

Accounts Payable

  • Invoice Entry
  • Disbursement of Vendor Payments
  • Vendor Communications

Restaurant Payroll Process in conjunction with a payroll processing company

  • Enter new hires into the payroll system
  • Record weekly time sheets into payroll system
  • Maintain time and attendance records
  • Audit quarterly payroll tax returns for accuracy

Restaurant and Hospitality Reporting

  • Management Analysis of financial statements
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement
  • General Ledger
  • Sales Trend Report

Controller Services

  • Sales Tax Reporting and Filing
  • Cash Flow Management
  • Bank Reconciliation
  • Meetings to discuss daily operations, cash flow projection and review financial statements
  • Coordinate Monthly or Quarterly Reviews with Accountant/CFO

Additional Services