Restaurants and Coffee Shops
Accounting for Restaurants and Coffee Shops
At The Accounting Firm LLC, we understand the fast-paced, margin-sensitive environment that restaurants and coffee shops operate in. From managing daily cash flow and supplier payments to monitoring labor costs and staying on top of sales tax, your financial systems must be efficient, accurate, and built to support sustainable growth.
We offer tailored accounting services that align with your operational rhythm, helping you maintain profitability, meet regulatory requirements, and make confident business decisions based on clean, timely financial data.
Our Restaurant & Coffee Shop Accounting Services Include:
- Daily Sales Tracking and POS Integration
Streamlined bookkeeping that syncs directly with your point-of-sale system to record sales, tips, discounts, and refunds—ensuring accurate daily performance tracking. - Inventory and Cost of Goods Sold (COGS) Monitoring
Track food and beverage inventory against sales to control waste, reduce shrinkage, and maintain optimal profit margins. - Payroll and Tip Reporting Compliance
Manage employee wages, overtime, and tips while ensuring full compliance with federal and state payroll tax requirements—including FICA tip credit eligibility. - Vendor Payments and Accounts Payable Management
Stay on top of supplier invoices, lease agreements, and recurring payments with organized, timely payables processing. - Sales Tax Filing and Regulatory Compliance
Accurately calculate, collect, and remit sales tax for dine-in, takeout, and delivery services—across local and multi-jurisdictional environments. - Monthly Financial Reporting and Cash Flow Analysis
Receive clear, CPA-reviewed financial statements each month, along with cash flow analysis and performance metrics tailored to the restaurant industry. - Year-Round Tax Strategy and Support
We help you plan proactively for tax season by optimizing deductions for meals, depreciation, and startup costs—and by ensuring your books are tax-ready.
At The Accounting Firm LLC, we act as your behind-the-scenes finance partner, so you can focus on delivering great food and service. Our industry-specific experience gives you the tools to improve margins, track performance, and scale your business with confidence.