Restaurant Bookkeeping Support for a CPA Firm in the Hospitality Niche

Industry

CPA Firm (Hospitality & F&B Clients)

Services Provided

Daily Sales Reporting, Tip Allocation, Restaurant Payroll

Location

Miami, Florida

Engagement Duration

Since February 2024

The Challenge

A hospitality-focused CPA firm with 40+ restaurant clients faced:

  • Unreconciled Daily Sales: POS data and bank deposits didn’t align.
  • Payroll Complexity: Tips, bonuses, and shift adjustments weren’t properly tracked.
  • Unclear P&Ls: Owners couldn’t see cost per cover or profit by shift.

Our Solution

We became their dedicated restaurant accounting team:

Daily Bookkeeping Integration

  • Synced POS (Toast, Square) with QuickBooks.
  • Reconciled daily sales, refunds, and credit card deposits.

Tip & Payroll Management

  • Managed weekly payroll including tip splits, overtime, and bonuses.
  • Created weekly labor cost and food cost reports.

The Results

After just six months of working with us, the business experienced tangible improvements:

Metric Before After
Payroll Processing 2–3 Days Late On-Time, Tip-Inclusive
Sales Reporting Accuracy Frequent Gaps 100% POS-to-Bank Match
Client Financial Visibility Low Weekly Restaurant Dashboards

Key Takeaways

  • Outsourced restaurant bookkeeping enhances financial transparency.
  • CPA firms in hospitality need accurate daily reconciliations.
  • Tip-inclusive payroll ensures compliance and staff satisfaction.

Client Testimonial

Your team understands the numbers behind every menu item—we now run smoother shifts and tighter margins.

Partner, Hospitality CPA Firm

Miami

Hospitality Accounting That Runs Like Clockwork

From daily sales to tip payouts—we handle it all.

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