Accounting Services for Restaurants

Analytix offers a team of accounting professionals with restaurant industry experience. This translates into domain expertise that you can leverage, as we already understand the nuances of your business. Confidently hand-off any or all of your accounting functions to our team, and in return we will deliver to you timely and accurate financial data and reports. Our scalable accounting services allow your restaurant businesses to expand without the worry of being able to manage growth in your financial functions and infrastructure.

How We Help

Accurate financial reports delivered by professionals with extensive knowledge of restaurant industry

Services customized to your needs - from invoice recording to controller-level and part time CFO expertise

Bill payment and payroll processes streamlined by utilizing a combination of our operational tools and a team of industry experts for support.

Access to your data, documents and financials anytime, anywhere

Processes automated and optimized allowing for delivery of critical operational and financial reports, such as Weekly Prime Cost

Client satisfaction - guaranteed

Offerings

Bookkeeping Services

Bill Payment (Accounts Payable)

  • Code and enter vendor bills
  • Vendor bills approval
  • Vendor bills imaging
  • Checks/ACH processing
  • Vendor statement reconciliation
  • Online access 24x7

Reconciliation Reporting

  • Checkbooks/credit cards
  • Deposits (credit cards, POS etc)
  • Credit card expense accounts
  • Gift certificates
  • Payroll
  • Sales tax

Reporting

  • Daily/Weekly flash reports
  • Weekly prime cost reports
  • Monthly financial statements

Accounting System Implementation and Integration

Payroll Services

  • Payroll hours reconciliation with POS
  • Payroll processing
  • Complete tax filings
  • Tips reporting & allocations

Outsourced Controller Services

  • Weekly cash flow forecasting
  • Prepare adjusting and closing entries
  • Inventory management
  • Prepare financial statements – budget vs actual
  • Work directly with CPA and coordinate tax filing

Outsourced CFO Services

  • Budgeting and forecasting
  • Cash flow and revenue management
  • KPI and report analysis
  • Breakeven analysis
  • Assistance with purchase/sale of business
  • Assistance with obtaining financing
  • Financial analysis and modeling
  • Specialized financial projects

 

Schedule of Services

Daily

  • Sales/deposits entry
  • Vendor bills entry

Weekly

  • Deposits reconciliation with POS
  • Bank & credit card entry and reconciliation
  • Payroll process
  • Bill payments
  • Weekly flash report
  • Prime cost report
  • Weekly cash flow forecast

Monthly

  • Sales tax filing
  • Month end closing activities
  • Timely financial statements

Year-End

  • CPA work papers
  • Working with CPA on Year-End activities
  • Form 1099 preparation & filing
  • Form W-2 preparation & filing
  • Budgets and forecasting

Streamlined processes

We utilize the data that we source from your POS and payroll to make the accounting entries, which makes the process more efficient

Scan and upload, email or fax your invoices and other documents - we will take it from there

All invoices are entered and ready for your approval and payment in the Bill Pay tool. You decide who approves and pays

Your financial statements are available on the portal

Customer Reviews

We feel so confident in the service and quality that Analytix has provided to us that we actually crafted our new product in partnership with Analytix.