The Importance of Accounting/Bookkeeping for Restaurants and Food Businesses

October 16, 2024 – 5:30 pm - 7:30 pm

There are many moving parts simultaneously working together that affect your restaurant business. Daily sales, sales taxes, food/beverage costs, labor/payroll, overhead costs, etc. that all must be documented accurately. Having accurate financial reports, such as your profit & loss statement (a.k.a. income statement) and your balance sheet, all depend on these moving parts. Tap into why keeping a current strong set up books is crucial to the success of your business for things such as decision making, loans, tax returns, among other key aspects.