Restaurant

Expert Financial Solutions for the Food Service Industry

The hospitality industry is highly competitive and cyclical in nature. You need the right advisor to make the most of your investment and opportunity.

At Money Equations, we understand the intricacies of restaurant accounting and offer comprehensive services tailored to meet the needs of hotels, restaurants, bars, cafes, and food service businesses of all sizes.

General accounting solutions often fall short of addressing the unique requirements of food service establishments. Our team brings industry-specific expertise to help you:

· Streamline bookkeeping and financial reporting processes
· Monitor and control food and labor costs
· Navigate sales tax compliance and tip reporting
· Maximize profitability through actionable financial insights
· Prepare for audits and ensure regulatory compliance
· Plan for growth, expansion, and succession

Our Restaurant Accounting Services include:

Bookkeeping & Financial Statements: Accurate, timely recordkeeping and preparation of profit-and-loss statements, balance sheets, and cash flow reports.
Payroll Services: Tip allocation, overtime calculation, and compliance with wage laws for both hourly and salaried staff.
Cost Controls: Analysis of food, beverage, and labor costs to identify savings and improve margin management.
Sales Tax & Compliance: Assistance with local, state, and federal sales tax filings, including guidance on tax-exempt sales and liquor taxes.
Inventory Management: Systems and strategies for effective inventory tracking and shrinkage prevention.
Business Consulting: Budgeting, forecasting, and business planning tailored for restaurant operations.
Technology Integration: Support with POS systems, accounting software, and automation tools to improve efficiency and accuracy.

Who We Serve

Our clients include:

Let our experienced CPA team handle your restaurant accounting, so you can focus on delivering great food and service. We offer customized solutions, transparent pricing, and proactive advice to help your business succeed in a competitive industry.