Let's face it, owning a restaurant can be tough...
As you're likely aware, the restaurant industry has very tight profit margins. And that's precisely why developing an efficient and accurate restaurant accounting system is of utmost importance if you want to continue to grow your business.
Topics: Restaurant Bookkeeping, Restaurant P.O.S, Bookkeeping Salt Lake City, QuickBooks For Restaurants, Restaurant Accounting, Restaurant Industry
The restaurant industry is a brutally competitive space with very tight margins. If you are going to run a successful business in this industry, you will need a restaurant bookkeeping expert. Below are the qualities that I would expect from restaurant bookkeeping experts.
Topics: Restaurant Bookkeeping, QuickBooks For Restaurants, Restaurant Accounting, Restaurant Industry
We have a lot of experience with restaurant bookkeeping in Salt Lake City. I never had a ton of restaurant experience outside of the dishwashing position until I started doing bookkeeping for other small businesses. When I started doing bookkeeping for restaurants I immediately understood that they were very unique from a bookkeeping perspective. I ended up managing the front of house of a restaurant for five years in addition to handling the back office tasks. Through my experience I learned that the front of the house operations has an effect on the bookkeeping and understanding the ins and outs is extremely important. If you own a restaurant and don't have your bookkeeping dialed in here are 5 questions I would ask your bookkeeper.
Topics: Restaurant Bookkeeping, Restaurant P.O.S, QuickBooks For Restaurants, Restaurant Accounting, Restaurant Industry
For a restaurant one of the most important aspects of the business is the restaurant point of sale system they choose to use. I have had a pretty unique experience in the hospitality industry over the past 10+ years. I have worked in both the front of the house management role as well as the back end financial reporting and bookkeeping role. I understand how they are related and how they need to work together in order for the restaurant to succeed. The restaurant POS system is a very crucial piece of the puzzle for the restaurant to succeed. As a restaurant bookkeeping specialist I consider the POS system for a restaurant to be a critical aspect of a setting up a tight bookkeeping system.
Topics: Restaurant Bookkeeping, Restaurant P.O.S, QuickBooks For Restaurants, Restaurant Accounting, Restaurant Industry
