Built for this industry
Restaurants run on thin margins and high daily volume — sales split across card, cash, and delivery apps, with food cost, labor, and tips all moving at once. Without them tracked separately, it's hard to tell what's actually profitable.
Daily Sales
Restaurant accounting services reconcile daily sales, food cost, labor, tips and delivery-app payouts to the bank so owners see real margins. Juris CFO provides restaurant bookkeeping with POS reconciliation and prime cost reporting.
POS reconciliation for restaurants matches each day's sales, tax, tips and tender types to card settlements, cash deposits and delivery payouts. Restaurant bookkeeping services treat unexplained gaps as a control signal.
Margins
Restaurant food cost accounting divides cost of goods sold by food sales. Prime cost adds total labor to cost of goods sold and is usually the largest controllable expense.
A restaurant accountant should report both weekly or monthly, so trends are caught early.
Where it gets complicated
How we help
Good fit
FAQ
Divide cost of goods sold by food sales. Cost of goods sold is beginning inventory plus purchases minus ending inventory. For example, 31,000 dollars of cost on 100,000 dollars of food sales is a 31 percent food cost.
Record card and reported cash tips, pay them through payroll and calculate the payroll taxes that apply, since tips are generally subject to FICA. Tip credit and tip pool rules vary by state, so confirm details with your advisor.
Record the full order amount as sales and the commissions, marketing fees and adjustments as separate expenses rather than netting them. Then reconcile each payout report to the bank, since payouts arrive later than sales.
Prime cost is cost of goods sold plus total labor, shown as a percentage of sales. Many operators aim for roughly 60 to 65 percent, but the right target varies by concept. Your own weekly trend matters most.
Juris CFO gives a tailored quote after a consultation. Cost drivers include number of locations, sales channels, payroll and tip complexity, sales tax filings and how much cleanup the existing books need.
What we bring to any industry
Recording every transaction accurately, so the numbers underneath your business are never in question.
Learn moreTurning recorded transactions into reviewed, reconciled, and explained financial performance.
Learn morePreparing personal and business tax returns based on your recorded and reviewed financial information.
Learn moreSenior-level oversight of your accounting function — without hiring a full-time controller.
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