Restaurant

Accounting outsourcing services for small restaurants in HK

Fee is negotiable but you may assume it is much lower that your existing cost. Moreover, our company can generate much useful information for running the business

The characteristics of restaurant accounting is that the margin is thin and the overhead cost like salary and overhead cost is high. The food cost is rising. It is difficult to set up on inventory.

Internal control should be on pricing, cash receipt, billing, procurement, good receipt and delivery, stocktaking, inventory written off and payment.

The daily sales report alerting price and menu impacts is of top important in maintaining profitability

It is difficult to hire a full time qualified accountant due to the thin margin. Part time accountant together with business advice on expansion and closure of a restaurant and fund raising may be the best options for a restaurant.