Specialized Services | Professional Bookkee

Restaurant Accounting

Our goal is to simplify restaurant accounting, strengthen financial controls, and provide reliable financial information to support profitability and business growth.

Sales Reconciliation: Reconcile daily and monthly POS sales, online orders, credit card transactions, cash receipts, and deposits.
Third-Party Delivery Platforms: Reconcile DoorDash, Uber Eats, and other delivery services, including commissions, fees, refunds, and net settlements.
Inventory & Cost of Goods Sold: Record inventory adjustments, track food, beverage, and supply costs, and analyze gross profit margins.
Payroll & Tip Accounting: Reconcile payroll expenses, employee tips, gratuities, and related payroll liabilities.
Sales & Use Tax Compliance: Reconcile taxable sales and prepare and file applicable sales and use tax returns.
Vendor & Expense Management: Reconcile vendor accounts, monitor operating expenses, and track accounts payable.
Cash & Bank Reconciliations: Reconcile bank accounts, merchant processing fees, and credit card settlements.
Multi-Location Accounting: Track financial activity by location, allocate shared expenses, and prepare consolidated financial reports.
Financial Reporting & Profitability Analysis: Prepare monthly financial statements, analyze food and labor costs, and monitor key performance indicators.
Budgeting & Cash Flow Planning: Assist with operating budgets, cash flow projections, and financial planning.

MOR Services for Chapter 11 Filings

We simplify complex financial reporting requirements, provide reliable accounting support, and help business owners remain focused on operations and financial recovery while navigating Chapter 11 reorganization.

Monthly Operating Reports (MOR): Prepare monthly reports in accordance with applicable U.S. Trustee requirements, including Official Form 425C for small business and Subchapter V cases and UST Form 11-MOR for other Chapter 11 cases.
Financial Statement Preparation: Prepare monthly balance sheets, profit and loss statements, cash flow reports, and statements of cash receipts and disbursements.
Bank Reconciliations & Cash Management: Reconcile debtor-in-possession (DIP) bank accounts, monitor cash activity, and maintain accurate records of receipts, payments, and disbursements.
Pre-Petition & Post-Petition Accounting: Track and distinguish financial transactions, liabilities, and obligations arising before and after the bankruptcy filing.
Accounts Payable & Receivable Reporting: Prepare aging schedules, monitor outstanding balances, and track payments to vendors, creditors, and other parties.
Supporting Schedules & Documentation: Compile financial schedules, general ledger details, bank statements, and other supporting documentation requested by attorneys, creditors, and the court.
U.S. Trustee Fee Calculations: Calculate applicable quarterly U.S. Trustee fees based on reported disbursements and assist with tracking payment obligations and deadlines.
Budgeting & Cash Flow Forecasting: Prepare operating budgets, cash flow projections, and financial analyses to support ongoing business operations and reorganization planning.

Financial Reporting & Analysis: Review financial performance, identify reporting discrepancies, and provide financial information to support informed management decisions.
Coordination with Bankruptcy Counsel: Collaborate with lead counsel and other professionals to address financial reporting requirements, respond to information requests, and support the bankruptcy process.
Post-Confirmation Financial Reporting: Assist with applicable post-confirmation reporting, including UST Form 11-PCR, when required.
Ongoing Accounting & Compliance Support: Maintain organized financial records, monitor reporting deadlines, and support compliance with applicable financial reporting requirements throughout the Chapter 11 process.