Why Smart Bookkeeping Is the Secret Ingredient to Success
Running a restaurant is no small feat—between sizzling sauté pans and surprise health inspections, your books shouldn’t be the thing giving you heartburn. Whether you're a small business or a nonprofit café with a mission, clean books are your recipe for sustainability.
POS + QuickBooks = A Match Made in Accounting Heaven
(With a Little Help from Third-Party Apps)
If you're using Square or Toast as your point-of-sale system, don’t forget to link them to QuickBooks using a third-party app. This ensures your daily transactions are categorized correctly—because guessing games are for trivia night, not your books.
Pro tip: Always pull reports with the transaction date, not just the bank transfer date. That’s where the real story (and those pesky fees) live.
Chart of Accounts: Your Financial Mise en Place
A well-organized chart of accounts is like a well-stocked kitchen—essential. Keep your cost of goods sold (COGS) separate from other expenses. Want to really spice things up? Add reports that show expenses as a percentage of income. It’s a great way to forecast and protect your razor-thin margins.
Cash Deposits: Don’t Let Them Go Stale
If you’re handling a lot of cash, deposit it daily or almost daily. Fewer transactions? Every other week is fine. Just don’t let your cash sit around like yesterday’s breadsticks.
Let BudgetEase Stir the Pot (So You Don’t Have To)
Outsourcing your bookkeeping service to BudgetEase means fewer headaches and more time to focus on what you do best—running your restaurant. Whether it’s QuickBooks bookkeeping or small business support, we’ve got the tools and the taste, contact us today.
