Restaurant Financial Reporting & Accounting

Consider AJ Restaurant Accounting, LLC your one-stop shop for all of your restaurant accounting needs. We collaborate closely with you to build and maintain confidence in your financial information, ensuring you no longer have to worry about the intricacies of accounting. Our dedicated efforts are designed to enhance the efficiency of your operations, help you achieve your business objectives, and increase profitability. Our focus on the numbers will help you focus on running the best restaurant operation. 

 

Tailored Financial Reporting

We provide a comprehensive suite of financial reporting and accounting services tailored specifically for the food-service industry:

  • Financial Statements: Preparation of accurate financial statements monthly or as needed, including at the store, district, and consolidated levels giving you a clear picture of your financial health
  • Sales and Historical Data: Generation of detailed sales-history reports to track performance and identify trends
  • General Ledger Maintenance: Production of general-ledger reports to ensure accurate and up-to-date financial records
  • Compliance Reporting: Submission of required reports to franchisors, financial institutions, or landlords, ensuring all contractual and regulatory requirements are met
  • Tax Reporting: Preparation of sales-and-use tax reports for various states and localities, assisting with compliance and filings
  • Bank Statement Reconciliation: Meticulous reconciliation of bank statements to keep your records accurate and current
  • Asset Management: Assistance in tracking assets and maintaining depreciation schedules to manage your capital effectively
  • Budget Assistance: Assistance forecasting and planning financial resources efficiently, aligning your budget with your business objectives

Cash Management Solutions

To further support your financial operations, we offer the following cash management services:

  • Bank Account Reconciliation: Ensuring all your banking transactions are correctly recorded and reconciled
  • Funds Consolidation: Sweeping outlying bank accounts into the corporate account for better cash-flow management
  • Positive-pay System: Implementation of a positive-pay system to prevent fraudulent transactions
  • Deposit Verification: Conducting deposit verification upon request to ensure all revenues are accurately recorded and deposited