We particularly specialise in:
Finance outsourcing for Restaurants/Hospitality Industry
We provide a full suite of finance services from financial control and period- end accounts, to bookkeeping and payroll.
Accounting and Bookkeeping
- Posting of sales, invoices, delivery notes and bank
- Aged creditors report – highlighting suppliers to whom payment is overdue
- Communication with supplier for missing invoices, delivery notes, statements, their bank details and payment terms
- Deal with suppliers’ queries, receipt of invoices, etc.
- Chase suppliers for amount to be received against credit note
- Tie up delivery notes against the prices and units delivered, order placed in software and payment to suppliers
- Report items missing a recipe and tie up the codes as per ikentoo and software
- Reconcile cash received, world pay and credit card reconciliation with bank
- Payment setup for suppliers
- Payroll and Vat returns
- Year-end returns and corporation tax
Accountancy for SMEs, Small Cap Companies and Individuals
We can take care of your bookkeeping, management accounts, year-end accounts and tax returns.
- Daily sales report, weekly management accounts – summary of daily sales, purchase vs sales report for drinks and food
- Showing wastage, labour cost, weekly consumables etc.
- Preparation of budget planner
- Four weekly management accounts – summary of weekly sales, comparison inventory (drinks and food) and payroll
- Weekly theoretical margin analysis by production
Communication, Business Advice and Modelling
- Weekly call and monthly meeting with account manager
- Analysis of existing performance of current site + projection
- Projection and modelling for new site + sensitivity analysis
- Funding assistance and modelling
Implementing state of the art software and cloud computing
We work with all accounting software and are proficient in cloud accounting. This enables us to update your current set-up and transfer your books into the most up-to-date format – giving you a 24-7 online system that is fully accessible and easy to use.
Additional expertise across a range of market sectors
As well as our accountancy and finance pedigree, we also have specific experience of working with international mid-size and small cap companies within Restaurants/ Hospitality industry.
If your business operates in one of these sectors, then it would be worth giving us a call to see how you can benefit from our expertise.
We can do it all for you, and at a cost that saves you as much as 40% on comparable services.
Contact us today for a free initial consultation and begin to find out what a difference we could make to your financial peace of mind.