Restaurants & Bars
Thin margins leave no room for guessing. We keep the numbers tight so you know exactly where the money goes.
Thin Margins Need Tight Books
A 5% net margin is a solid year in food service. Plenty of restaurants run at 3%. Some run at zero and don’t realize it until the bank account is empty. When your margin is that thin, small errors become big problems. Food cost drifts up two points and half your profit disappears. Labor runs hot for a few weeks and you’re working for free.
You can’t afford to guess at these numbers. You need to know them. As a CPA and Enrolled Agent, Simona brings real precision to high-volume, thin-margin books. The numbers get reconciled. The reports come monthly. You see exactly where the money is going before it’s too late to do anything about it.
High Volume, Daily Chaos
A busy restaurant runs hundreds of transactions a day. Credit cards, cash, voids, comps, gift cards, online orders, delivery app payouts. Your POS tracks some of it. Your bank shows something else. Making the two match is work that most owners never get around to doing.
We reconcile daily sales to bank deposits and keep the books current. When something doesn’t add up, we catch it early instead of discovering a six-month discrepancy at tax time. The goal is a clear, accurate picture of what the business is doing month to month so you can manage food costs, labor, and cash flow in real time.
Sales Reconciliation
Sales Reconciliation
POS reports matched to bank deposits. Cash, card, and third-party payouts all accounted for. Discrepancies get flagged and addressed instead of piling up unnoticed for months.
Transaction Volume
Transaction Volume
Hundreds of transactions categorized and reconciled monthly. The books stay current and accurate no matter how busy the register gets on a Friday night.
Tips and Tipped Employee Payroll
Tips add a layer of complexity that most businesses never deal with. Cash tips that may or may not get reported. Card tips that need to be paid out. Tip pools and tip credits. The rules are specific and most restaurants are doing something slightly wrong without knowing it.
Tipped employee payroll is its own category. You’re tracking minimum wage requirements with tip credits, overtime calculations on tipped wages, and the reporting that goes with it. Get it wrong and you’re looking at back wages, penalties, or an IRS notice. We handle payroll for tipped staff correctly from the start.
Tip Tracking
Tip Tracking
Cash tips and card tips recorded properly. Tip pools handled correctly. Everything documented so payroll and taxes come out right and you have the records if anyone asks.
Payroll for Tipped Staff
Payroll for Tipped Staff
Tip credits, varying pay rates, overtime on tipped wages. We run payroll for your team accurately and on time, with the tax deposits and quarterly filings handled for you.
Sales Tax and the Bottom Line
Food and beverage means sales tax on most of what you sell. In Massachusetts, that’s the meals tax. Rates vary by location. Deadlines come regularly. Miss a filing or calculate it wrong and you’re dealing with penalties and interest on top of what you already owed.
We track your sales tax, calculate what’s due, and file on time. You stay compliant without having to remember the deadlines or figure out the rates yourself. Combined with clean books and accurate payroll, that’s one less thing pulling you away from running the floor and taking care of customers.
Sales Tax Filing
Sales Tax Filing
We calculate meals tax and file your returns on time. The rates and deadlines are tracked so you don’t have to think about it or worry about missing a filing.
Who We Work With
Who We Work With
Restaurants, bars, cafes, food trucks, catering companies. Different formats, same complexity. We handle the bookkeeping and payroll that comes with food and beverage operations.
Monthly Reporting
Monthly Reporting
Clean financial statements every month. You see food costs, labor costs, and the bottom line in time to make adjustments instead of learning about problems months after the fact.
Tax Time Ready
Tax Time Ready
Books kept by a CPA stay ready for tax time. Your personal return includes the business income, and the numbers are accurate and organized when you need them.
New England's CPA-Led Bookkeeping Partner
The Next Step:
A Quick Conversation
We'll listen, ask a few questions, and show you exactly how we can help.