Category: Restaurant Accounting

Restaurant Food Cost Too High? 10 Places Your Profit May Be Leaking

Restaurant food cost too high infographic showing 10 places restaurant profit may be leaking

RESTAURANT FOOD COST + COGS Restaurant Food Cost Too High? 10 Places Your Profit May Be Leaking If your restaurant food cost is too high, raising menu prices isn’t necessarily the first—or best—solution. High food cost is usually a symptom. The real problem may be purchasing, vendor pricing, portion control, waste, inventory, recipes, discounts, receiving, […]

Why Is My Restaurant Profitable on Paper but Has No Cash?

Restaurant profit versus cash infographic showing why a restaurant's bank balance may not match its reported profit

RESTAURANT CASH FLOW + PROFITABILITY Why Your Restaurant Can Be Profitable on Paper but Have No Cash If your restaurant is profitable but has no cash, the first thing to understand is that profit and cash are not the same thing. Your profit and loss statement can show that the restaurant made money while the […]

Restaurant Financial Audit Checklist: 25 Things Every Owner Should Review

Restaurant financial audit checklist showing 15 critical areas restaurant owners should review to protect profit and improve financial health

RESTAURANT FINANCIAL CONTROLS Restaurant Financial Audit Checklist: 25 Things Every Owner Should Review A restaurant financial audit checklist should answer one simple question: can you trust the numbers you’re using to run your restaurant? Strong sales don’t automatically mean strong profits. Money can leak through food cost, labor, inventory, cash handling, discounts, tips, accounting, POS […]

How to Reconcile Toast POS to QuickBooks Without Creating a Mess

Toast and QuickBooks integration infographic showing how restaurant POS data connects with accounting and financial reporting

TOAST POS + QUICKBOOKS How to Reconcile Toast POS to QuickBooks If your Toast QuickBooks reconciliation doesn’t make sense, the problem usually isn’t that Toast or QuickBooks is wrong. The problem is often in how sales, taxes, tips, cash, settlements and deposits move between the two systems. A restaurant can have accurate sales in Toast, […]

Toast Sales Don’t Match Your Bank Deposits? Here’s How to Find the Difference

Toast deposits infographic explaining restaurant deposit timing, bank matching and reconciliation

TOAST POS + RESTAURANT ACCOUNTING Why Toast Sales Don’t Match Your Bank Deposits If your Toast deposits don’t match sales, that doesn’t automatically mean money is missing. Restaurant sales, tips, cash, settlements, refunds, taxes and processor activity can all create legitimate differences between what Toast reports and what eventually reaches your bank. One of the […]