QuickBooks Certified Bookkeeping Services for Restaurant Agents

 

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Advertisement Description:

Restaurant accounting is certainly not the most glamorous part of running a restaurant. Yet, without proper restaurant accounting, it is impossible to control your finances and keep your restaurant in business. Restaurant accounting services include everything from accurately recording transactions to creating detailed financial reports. When done well, proper accounting practices allow you to analyze and optimize financial performance and profitability.

A restaurant accountant’s responsibilities typically include the following tasks:

• Recording transactions in the general ledger—the master document for capturing financial transactions
• Accurately coding and categorizing those transactions, especially expenses
• Analyzing ledger and journal entries
• Accounts Payable (i.e. processing invoices/bills and paying vendors)
• Bank Statement Reconciliation
• Creating financial statements to determine financial health including the balance sheet, income statement, and cash flow statement
• Establishing & Tracking Budgets & Benchmark KPIs such as COGS Ratios & Prime Costs
• Completing tax returns & providing tax advice and assistance
• Offering financial insights and advice
• Auditing

Website: https://www.myaccountsconsultant.com/restaurant-accounting-services/

Listing ID: 450605433110f8bc

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