Retailers & Restaurants
Bookkeeping for retailers & restaurants
High-volume transactions, daily-clean books. POS systems, card processors, tips, and inventory — high transaction counts handled without the month-end mess.
The challenge
Where it gets hard
These are the places generic bookkeeping breaks down for retailers & restaurants — and exactly what we account for.
- Reconciling POS to processor deposits
- High daily transaction volume
- Tips, payroll, and labor cost
- Inventory, COGS, and thin margins
Our approach
What we do about it
Specialist bookkeeping built for your business, with human review of AI-assisted work and CPA review of bookkeeping transactions.
- Daily sales and POS-to-bank reconciliation
- Payroll and tip accounting handled cleanly
- Inventory and cost-of-goods tracking
- Margin and prime-cost reporting you can act on
FAQ
Retailers & Restaurants accounting, answered
The questions we hear most about retailers & restaurants books — answered straight.
Prime cost is your cost of goods sold (food and beverage) plus total labor — the single most-watched number in a restaurant. We keep COGS and labor cleanly separated so you can watch prime cost as a percentage of sales and act the moment it drifts.
Yes. Daily POS-to-processor-to-bank reconciliation catches a missing deposit or an unexplained fee before it becomes a month-end mystery.
Tips, tip-outs, and tipped wages are tracked and flowed into payroll correctly, keeping you clear of payroll errors and compliance problems.
Specialties
Other industries we serve
- MCA accountingMerchant cash advance books. Every deal accounted for.
- ConstructionJob costing that shows which jobs actually made money.
- Real EstateBooks that keep up with every property and entity.
- eCommerceSales, fees, and inventory — reconciled to the cent.
- Service BusinessesProfit clarity for the work you actually do.
- Personal BooksPersonal books and taxes, handled with care.
Further reading
Retailers & Restaurants accounting guides
Books you don't have to think about.
Get a free books review. We'll tell you honestly where things stand and give you a flat monthly quote — no pressure.
A little holiday cheer from I&S Accounting.
For our printable pricing guide: iandsaccountingsvcs.com/pricing