Restaurants Industry

Helping restaurants stay financially organized, profitable, and compliant.

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Restaurants, Cafés, & Catering

Restaurants, cafés, and catering businesses manage daily sales, catering deposits, gift cards, delivery-platform payouts, and event bookings. Their books also need to account for payroll, tips, service charges, food inventory, delivery commissions, cleaning, maintenance, and vendor expenses.

For U.S. restaurants, cafés, and catering businesses, accurate accounting needs to provide more than a monthly P&L. Owners and operators need visibility into departmental profitability, labor costs, sales trends, revenue performance, inventory, and cash flow.

The Financial Challenges Restaurants, Cafés & Caterers Face

Multiple Revenue Streams Need Accurate Tracking

Food and beverage sales, catering and event revenue, service charges, gift cards, and third-party delivery platforms can create multiple transaction flows that need to be reconciled.

Labor Costs Can Quickly Affect Profitability

Payroll, overtime, seasonal staffing, benefits and contract labor are major cost drivers. Without regular monitoring, labor costs can erode margins even when revenue is strong.

Sales and Revenue Do Not Tell the Whole Story

Strong sales do not automatically mean strong profitability. Management needs to understand the relationship between revenue, food and labor costs, and operating expenses.

Inventory and Cost of Sales Require Close Monitoring

Restaurants, cafés, & catering businesses can experience food waste, spoilage, theft and changing supplier costs. Accurate inventory and COGS tracking is essential for understanding margins.

Third-Party Platforms Complicate Reconciliation

OTAs, delivery platforms, booking engines and payment processors can deduct commissions, fees, refunds or other charges before funds reach the bank.

Seasonality Creates Cash-Flow Pressure

Restaurants, cafés, and catering businesses operators can experience significant changes in revenue and staffing throughout the year. Reliable cash-flow reporting helps management plan for slower periods and peak-season requirements.

Financial Reporting for Restaurants

Hospitality operators need financial reporting that connects revenue with the operational drivers behind it. LMA can help organize reporting around:

How LMA Accounting & Consulting Helps

LMA helps U.S. restaurants, cafés, and catering businesses operators bring revenue, departmental costs and operating expenses into a clear financial framework. We focus on accounting and reporting that helps owners and operators understand where money is being generated, where it is being spent and where margins can improve.

Track Revenue by Business Type

We help separate restaurant and café sales, catering and event revenue so owners can see performance by location, service line or property.

Monitor Labor & Payroll Costs

We track payroll, overtime, labor cost percentages, and tip and service-charge payouts, including the related payroll liabilities, so owners can better understand staffing costs and margins.

Analyze Profitability by Location, Event & Property

We organize revenue and direct costs to show profitability by restaurant location, catering event, or service line, helping owners identify which operations and services are contributing most to the bottom line.

Track Inventory & COGS

For restaurants, cafés and catering businesses, we help organize food and beverage inventory, purchasing and cost of goods sold (COGS) to monitor food cost percentage, gross margin and prime cost.

Reconcile POS, Delivery & Booking Platforms

We reconcile POS and payment activity from Toast, Square and Clover; delivery settlements from DoorDash and Uber Eats payouts from Booking.com, Expedia and property-management systems such as Cloudbeds. We account for commissions, processing fees, refunds and settlement deposits.

Improve Cash Flow & Vendor Management

We help organize accounts payable, receivables and cash-flow reporting, while tracking event deposits and gift-card balances as liabilities until the related service is delivered or the card is redeemed.

Clean Up & Catch Up When Needed

If your restaurant or catering books have fallen behind or departmental transactions have not been classified properly, our clean-up and catch-up services can bring the records back into order.

Experts in the Tools You Already Use

Testimonials

Join the Hundreds of Satisfied Clients Who Trust Our Expertise

"Lavya was absolutely amazing to work with. You could tell that he had worked at B4 before this as he had great technical skills. He also completed all the prep for an ASC 606 implementation project and picked everything up very quick!"

CPA Trevor McGuire

"Lavya is a great bookkeeper who I would recommend. Always on time and works with me to quickly resolve any issues."

Mark Morgan

"A very good experience with this freelancer. Without him, I will not have made it on time for my deadlines to submit to the government for my business accounts. He is great with Xero , bookkeeping, very reliable, efficient, cooperative and patient. Highly recommend his services."

Joleen Seam

"I really enjoy working with Lavya, he is detail oriented, very responsive, and I only have to tell him things once which is very refreshing. I intend to continue working with him indefinitely and would highly recommend him to others."

Steve Kilts

"Lavya did a great job for me! He is highly professional and has a good knowledge of QuickBooks. Would definitely work with in the future and recommend."

Yash Aggarwal

"Lavya as always does a fantastic job and very patient with us. Definitely recommend him!"

Mazzad Kabir

"Lavya has been fantastic to work. He took on several projects for us related to book keeping here in the US and has provided incredible support. He is knowledgeable, honest, and hard working. Strongly recommend him to other clients who might be considering him. Thank you Lavya!"

Varun Kumar

"Great to continue working with Lavya. Clear communication. Clear understanding of expectations, and delivers exactly what promised."

Kalpesh Gohill

Better Financial Control Behind Every Service

Hospitality moves quickly. LMA Accounting & Consulting helps you stay on top of the numbers behind your operations, with clearer reporting, better cost visibility and a financial process that can grow with your business.