Running a restaurant comes with many challenges: Managing suppliers, creating a new menu, figuring out employee shifts, and making customers happy. With all this work, restaurant accounting may become an afterthought.
However, accounting is essential for restaurants. It helps you better understand your finances, decrease expenses, increase profits, and gives you insights into your performance.
If you want to future-proof your restaurant, you have to understand how accounting for restaurants works. In this guide, we’ll break down everything you need to know to start restaurant accounting today.