CPA Restaurant

About

Accounting is our Menu! You might believe that accounting is the same across the board, but it varies a lot depending on the business. So, what distinguishes restaurant accounting from other types of accounting? On the surface, it appears to be similar to traditional accounting practices: restaurant accounting employs many of the same costing methodologies as other businesses, as well as profit and loss statements and cash flow reports. However, just as a restaurant has its own set of expenses, restaurant accounting has its own set of complexities. Food Cost and Beverage cost is vital to your pricing. You can not price your menu based on your competitor's pricing. Your cost and competitors cost is never the same.

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