Are your current restaurant bookkeepers giving you the insights you need to build a financially strong business?
One of the biggest challenges for restaurant owners is not knowing exactly where their money is going. Are rising food costs cutting into your margins? Are labor expenses out of control? Maybe you’re spending more on overhead than you realized. Without a clear breakdown of your finances, it’s impossible to see what’s working, where you’re overspending, or where there’s room for improvement.
At Vast, our restaurant bookkeepers keep your books organized and show you exactly where your money is going. Each month, we break down your numbers in a way that’s simple to understand, helping you identify opportunities to increase your profit. Here’s how we do it:
Your chart of accounts is the backbone of your financial reporting—organizing income and expenses in a way that makes sense for your restaurant. With our setup, you’ll be able to quickly see your prime costs, monitor profitability, and spot problem areas—like if your food costs are eating into your margins or if labor costs are creeping up.
Running a restaurant means dealing with constant transactions—from food orders to credit card tips. We’ll reconcile your accounts every month and update your transactions as they happen. This way, you’ll always know exactly where your money is going and have a clear picture of your cash flow to make decisions like tweaking your menu or managing inventory.
Numbers are only helpful if they make sense. Each month, we’ll provide easy-to-read charts and reports that show how your restaurant is performing. From tracking food and labor costs to highlighting trends in sales, we'll customize your reports to help you see exactly what’s working and where there’s room to grow.
Taxes shouldn’t be a last-minute scramble. We work with you year-round to identify opportunities for tax savings, like properly accounting for deductions on things like food costs, equipment, and employee benefits. With accurate & up-to-date books, we’ll help you reduce your tax bill and keep more of your hard-earned money.
Whether you’re starting from scratch or tackling years of backlog, we have a proven process to get your restaurant’s bookkeeping organized, up-to-date, and on autopilot moving forward.
We’ll have an introductory call to get to know your business and get important information.
We’ll create your dedicated team of accountants and advisors.
We’ll review your existing finances and clean up any old or messy data.
We’ll make sure all of your accounting is caught up, maintained and reconciled on a weekly or monthly basis.
You’ll receive monthly financials that show you exactly what’s working and what’s not.
Absolutely, you’ll have a dedicated team assigned to your business. Here’s how it works:
We understand that unexpected issues come up. Your dedicated team is here to help, and we’ll work with you to address any urgent matters promptly.
What could your restaurant achieve with accurate financial numbers, regular check-ins, and a team focused on finding profitability opportunities? Get in touch with us today to find out how we can help.
