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Accountant for Restaurants

 

 

Moracle - the industry leader in outsourced restaurant accounting and systems with world class technology and trained professionals

 

Have you ever wondered if your accountant is contributing to your business growth?

 


Our specialised hospitality accounting services helps you improve your bottom line by implementing the standard industry percentages for food cost, labour cost, portion control, menu mix, tips management and theft controls.

 

We guarantee that we will quickly understand your business and implement our understanding in an A-Z Moracle format – that is why all our clients love the services we provide and we are able to handle more clients for hospitality accounting.

 

Feature:
Financial software: Fourth hospitality, Sage or QuickBooks

Our Restaurant Accounting Services include:

 

  • Detailed budgetary management on Fourth hospitality, Sage or QuickBooks - Customised to your requirements
  • Accurate wages tracking - pay only on schedule submitted online to payroll, including incentives and shortages
  • Holiday submission only on Fourth hospitality, Sage or QuickBooks (approved by our HR specialists)
  • Hours not signed, no payment without supporting paperwork (cost effective payroll processing services)
  • We understand fully the use of Fourth hospitality, Sage or QuickBooks

 

Feature:
Profit & Loss

Services include:

  • P&L showing GP with and without promotions
  • Promotion impact analysis and graphs
  • Daily to weekly costs monitoring by departments - management report
  • Monthly report with year to date comparatives
  • Reducing costs - template for all variable costs so as to shop for best prices
  • Working as lobby in price negotiation with suppliers and other stakeholders
  • Timely and accurate reporting guaranteed at all times
  • We guarantee that weekly p&l will done by 12.05pm every Monday; Management accounts are circulated by the 8th of the month following each month end)

 Feature:
Accounts Payable

Services include:

  • Discounts negotiation on prompt payment
  • Contract pricing
  • Purchase order for selected suppliers
  • Monthly write up to suppliers

 

Feature:
Internal Control

Services include:

  • Stock sheets and all paperwork approved by accounts department only
  • Staff contracts, holidays, timesheets signed in and out
  • Pre-designed checklist for Monday box, managers, bookkeeper, and administrator
  • Bank accounts and credit cards accurately reconciled
  • Cashing up reconciliation to include shortages and over rings (reasons for both explained on paperwork)

 

Feature:
Security

Services include:

  • Key holder policy
  • Cash procedures
  • CCTV in premises
  • Well selected insurance to suit company’s needs
  • Cash safe management
  • Health and safety law adherence

 

Feature:
Financial Management

Services include:

  • Advanced tax planning
  • Cash flow management
  • Better banking practice
  • Profit re-investment

 


What’s next?

Please call us to arrange a free introductory meeting to discuss how we might be able to help you in hospitality accounting:

 

Morlai Kargbo
morlai.kargbo@moracle.co.uk

 

Tel: +44 (0)7939 017649     Mob: +44 (0)793901764

 

At Moracle, we care because your success is important to us

Try our service: Accountant for Restaurants

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