1. Streamline your back office procedures (more accurate in less time)
Bookkeeping (Sales, AP, AR, Bank Rec)
Inventory (food, alcohol & retail)
Budgets
Paperless office implementations
Track & process 1099s
2. Process your payroll, 941s & W2s
We can process payroll "in house" or through your preferred outsourced vendor
We can build interfaces from your POS system to integrate with your accounting/payroll software to minimize data entry
Experts with all deduction types (including 401K contributions!). Proper exempt vs. non exempt employee status
Proper contract labor vs. employee status
Track and pay all employee benefits
3. Intuitive and customized Financial Reporting to show you exactly where you stand financially
Cash Flow
Profit & Loss
Item Sales Breakdown
Forecasting/Budget Performance
Fixed Assets/Depreciation
Inventory/Food Cost
Labor/Sales Projections
4. Track and pay all Sales & TABC Taxes
5. Excellent knowledge of Sales & Use tax in the Service Industry (and where you're paying too much)
Resale items, taxable vs. nontaxable items, Kitchen & prep equipment, Health Department required supplies, Paper products used only in the food prep areas.
6. Develop customized best practice policies & procedures to minimize fraud and theft
7. Develop internal controls to ensure the integrity and accuracy of your financial information
Ideal for restaurants/bars that aren't quite big enough to hire an internal controller. Risk management tools. Daily, weekly & monthly transaction integrity. Reporting guidelines. Compliance assistance.
8. Bookkeeping for Restaurant Franchises
Restaurant Industry bookkeeping has been our passion and home for the past 10 years combined.
JK Bookkeeping Solutions, LLC Can provide your restaurant/bar with the perfect solution to fit your company's growing needs. We understand the importance of knowing where you stand each and every day financially so that you can make the most profitable decisions for your bottom line. Send your local Austin restaurant & bar industry bookkeeping experts an email for your perfect solution today!!!