Restaurant bookkeeping is specialized. The entries to add sales and cost of goods sold require accuracy and attention to detail. There are many critical items that need attention. These items include:
Accounting for PPP funding- making sure that your restaurant, café, bar, or diner is in full compliance.
Sales and tax filings.
Commercial activities tax reporting and payment via the Ohio Business Gateway.
Tracking server income and tips payable.
Correctly posting merchant fees, such as Square.
Inventory management accounting in QuickBooks.
Intercompany entries between franchised restaurants, cafes, bars, and diners.
1099 compliance and vendor payments.
Collection on receivables from events.
Gift card sales.
Recording Salaries and Wages correctly at the Gross levels.
Tax entries for payroll tax.
Tracking payroll liabilities.
The list seems endless and time consuming. This is where Park East Bookkeeping can help! We work with local restauranteurs across the Greater Cleveland area and Columbus to handle the bookkeeping.
Some of the many Services We Offer:
A dedicated bookkeeper assigned to your business.
Easy access to your bookkeeper, including after hours.
A simple system to upload your critical documents in a secure storage.
Relief from having to code, classify or enter into QuickBooks.
24-7 access to your reports via QuickBooks Online.
Fast reports based upon your schedule and needs.
No charge meetings – we do not charge to discuss your bookkeeping.
Straight forward pricing designed for you – no surprises or upcharges.
Savings on time, energy and money.
Accounts payable done for you.
Your freedom from bookkeeping and the focus you need to grow your business.
Other Services your Restaurant Bookkeeper Can Provide:
Restaurant Budgeting.
Restaurant Payroll.
Assistance with bank filings, loan applications and credit reporting.
Bookkeeper training on your QuickBooks entries, systems and postings.