Let's get to work
We offer a suite of services for every aspect of the hospitality industry and for any size business. From smaller brands with just a few locations to multi-unit operators with dozens of storefronts, our services are adaptable to any scale.
While we offer all of the services of a typical accounting firm, what sets us apart is not just our decades of experience and expertise in the hospitality and restaurant industry, but our deep appreciation and understanding of the challenges that this industry presents. When you go with Fresh Accounting, the best perk we offer is peace of mind. Check out all of our services below to see how Fresh Accounting can help your business grow and thrive.
Daily Sales Reports
We're working for you every day
We'll make sure you have a complete set of accounting records – no more scrambling to pull things together at the end of the year or wondering if your vendors got paid. Every week, we'll record all your activity including: sales/POS data, purchases, operations expenses, rents, royalties, etc...
Accounts Payable
Paid on time, every time
We'll make sure your bills get paid – on time! We handle:
- Invoice entry
- Vendor payments
- Check signing & mailing
- Vendor reports
- Vendor statement reconciliation/research/inquiries
- Credit card reconciliation, coding & entry
- Overage rent calculation & payment
- Automated reoccurring payments
- Franchise/royalty fee calculations & payments
Taxes
paying taxes shouldn't be taxing
Fresh Accounting will prepare, sign and file with the proper taxing authorities all returns for sales and liquor taxes in a timely manner. Each component of your tax structure will be identified during the on-boarding process and remitted to the authorities indicated by your company.
Sales Tax
Property Tax
Payroll Taxes (Federal/State/Local withholdings, SUI/FUI, 940/941)
Liquor Taxes
Initial application & renewal assistance
Annual Report filing
payroll
Have a stress-free payday
We are here to help you manage your payroll wherever you need us! Whether you would like us to manage your full payroll process or interface with your payroll provider to access and record your payroll activity, we've got you covered!
- Payroll processing
- New hire reporting
- Garnishments & deduction management
- Federal, state & local tax filings
- W-2’s
- Direct deposit & paycards
- Check signing & mailing
- Accessible payroll reports
- FICA tip credit data
Bank Reconciliation
Rest easy; your books are in good hands
Fresh Accounting will record and reconcile all banking transactions for all locations’ bank accounts and any affiliated transfer account.
- Download & reconcile bank activity
- Notification of red flag issues
- Cash & credit card deposits reconciled to daily sales report
- Reconciliation of third party delivery services
Financials
Stop counting and get cookin'
- Weekly flash reports
- Periodic financials (P&L, Balance Sheet, Comparative, Budget, Cash Flow)
- Adjusting entries
- Audited financials
- Year end package provided to your CPA
CFO/CPA Services
Does your recipe need something extra?
CFO
- Benchmarking
- ROI Development
- Cash Planning
- Loan Assistance
- Budget/forecasting
CPA
- Federal and state tax filing
- Valuations
- Work opportunity tax credit
New Company / Restaurant Startup
Let's get those doors open
- Tax & business license applications
- Bank account & online banking set up
- Establishment of general liability/liquor/property/workers comp insurance
- Vendor set ups
- Build-out accounting & check cutting
- Loan draw coordination
- Credit card/merchant account assistance
- Accessible payroll reports
Additional Advisory Services
Need advice? we've got it
Our deep roots in the hospitality industry help us to connect you with expertise in the following areas:
- Branding and marketing
- Historical cleanup
- Lease and real estate
- Event planning and catering
- Menu and recipe development
- OS, technology and equipment consulting
- Bring us your problem and we’ll find you a solution
