Our Services for Restaurants
COGS Analysis
Tracking your Cost of Goods Sold (COGS) is essential for profitability. We analyze your COGS to help you control expenses, improve margins, and maximize efficiency.
Payroll Entry Adjustments
While we do not handle payroll processing, we ensure that payroll entries from third-party providers are correctly recorded and adjusted to maintain financial accuracy and easily reference necessary information for state and federal tax agencies.
Inventory Value Monitoring
We do not directly manage inventory, but we will make necessary adjustments to inventory values as needed, particularly at the end of the year, ensuring precise financial statements.
Weekly Profit & Loss Reports
Gain better visibility into your restaurant’s financial health with weekly Profit & Loss statements, helping you identify trends and make informed business decisions without delay.
Sales Tax Liability Management
We help confirm your sales tax liabilities and ensure timely filing, keeping your business compliant and avoiding potential penalties with state and federal tax agencies.
Comprehensive Bookkeeping Solutions
Our bookkeeping services cover essential financial processes, including:
- Report Generation – Custom financial reports for better business insights.
- Account Reconciliation – Ensuring consistency and accuracy in your financial records.
- Bank Transaction Categorization – Proper classification of all transactions for clear financial reporting.
Financial Forecasting
Plan for the future with our forecasting services, designed to help restaurant owners anticipate financial needs and prepare for growth.
Partner with KHL Bookkeeping
With our expertise in restaurant bookkeeping, you can focus on running your business while we handle the numbers. Contact us today to learn how we can support your restaurant’s financial success!