No matter the business, the more you do daily, the less work at the end of the month, quarter, or year. Nowhere is this more important than in accounting, taxes, and payroll, where delays can mean missing out on real profit. Whether you’re a restaurant accounting professional, or a restaurant manager who works with one, here are some key areas to review at the end of the year to do a financial health check on your operation.
“If you don’t perform income statement and balance sheet reviews every month or quarter, reviewing at the end of the year can be a good way to do a check up on your restaurant’s financial health. You’ll likely uncover some outliers and discrepancies and have a better understanding of how to fix them…”
Page 3 | 2023 Year-End Excellence: Restaurant Accounting & Payroll
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