You need a bookkeeping clean-up if…
Aug 02, 2023
Messy, half-done, and erroneous bookkeeping can lead to a lot of issues that will cost you more than just your time. You could lose money, opportunities and get penalties in worst case scenarios.
Bookkeeping is one of the most fundamental aspects of any restaurant’s financial side. It should be a source for actionable insights to help you make data-driven decisions.
Restaurants with poor bookkeeping may face detrimental effects on firm’s financial situation, making it difficult to achieve profitability and growth goals.
If you are experiencing the below, you may want to get your books cleaned up.
- You're over 3 months behind on reconciling your accounts and categorizing your income and expenses.
- You have multiple transactions categorized to Ask My Accountant and you've already forgotten what these transactions were for.
- You're still using the default chart of accounts in your bookkeeping software and you haven't customized your COA for your business.
Ready to transform your restaurant's finances? Whether you need Monthly Bookkeeping, a Catch-up Bookkeeping service, or want to embark on our DIY Bookkeeping Course, we've got you covered. Have questions or need more information? Don't hesitate to reach out. Let's talk about how we can support your business. Schedule your FREE 15-Minute Call today and let's get started on your path to stress-free bookkeeping!
