Professional F&B Accounting Services
Provide professional and responsible services with accuracy,thoughtfulness and attention to detail
Professional F&B Accounting Services
We are the specialists in food and beverage business accountancy
With past working experience in leading five-star hotels for years, our staff are well experienced in accountancy, restaurant operations and management, especially in the areas of cashiering, income audit, food and beverage cost controls, inventory control, restaurant accounting and other financial control. We follow the Uniform System of Accounts for Hospitality Industry which most of the hotels and restaurants around the world are following. Our financial reports will provide you with a good tool in managing your restaurants efficiently and effectively.

Our monthly F&B accounting services are divided into two parts:
Bookkeeping and accounting services
Accounting administration services

Our F&B accounting services details include:
A)Bookkeeping and accounting
Adopt Uniform System of Accounts for Hospitality Industry
Produce monthly financial statements 
Calculate food and beverage costs
Sales and costs reconciliation
Manage accounting books and records
Arrange for annual statutory audit

B)Accounting administration
Check daily sales report
Reconcile purchases invoices with supplier statements
Process payments to suppliers
Process payments for other expenses
Reconcile bank statements
Prepare monthly payroll
Handle MPF contribution
Prepare Employer's Return for employees for Inland Revenue Department

Other F&B accounting services include:
A)Financial planning
Project feasibility study
Project financial projection
Project cash flow projection
Pre-opening accounting
Operating budget preparation

B)Financial systems set-up and management
Cashiering / POS systems
Purchasing / receiving / inventory systems
Till float / petty cash expenses systems
Revenue / cost / expenses categorization policy
Other internal control systems
Accounting software setup and implementation

Should you have any enquires about our F&B accounting services and fee quote, please contact our professional team. We will provide you with free consultation services accordingly.