Bookkeeping Services for Catering Services

Bookkeeping and Accounting for Catering Services

Searching for a bookkeeper and accountant for your catering business? With Accracy Accounting, we manage your books so you can put more time into creating unforgettable culinary experiences. Try us for free.

* No Debit/Credit Card Required
Accracy Accounting Online Remote Bookkeeping Services for Catering Services
Accracy Accounting QuickBooks Certified ProAdvisor
Accracy Accounting Xero Certified Advisor
Accracy Accounting Gusto Payroll Certiication
Accracy Accounting Fathom Certified Advisor
Accracy Accounting Karbon Certified Expert
Free 1 Month Bokkeeping Trial

New Customer Offer

We are offering free 1 Month Basic Bookkeeping to all new customers so you can experience Accracy's seemless and professional services.

* No Debit/Credit Card Required

How Accracy works with Catering Services

Searching for a bookkeeper and accountant for your catering business? With Accracy Accounting, we manage your books so you can put more time into creating unforgettable culinary experiences. Try us for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our team invests time in thoroughly understanding your catering business, answering any inquiries, assisting in setting up your accounts, and demonstrating how Accracy works in your context.

Accracy Accounting Digital Fluency
We do your bookkeeping

Each month, your personal bookkeeper organizes all your catering service transactions and prepare comprehensive financial reports. If they require any additional information from you, they’ll promptly reach out.

Accracy Accounting One-on-one expert support 24/7
We deliver tax-ready financials

Each month, your personal bookkeeper organizes all your catering service transactions and prepare comprehensive financial reports. If they require any additional information from you, they’ll promptly reach out.

Here’s why Catering Services like you trust Accracy with their bookkeeping and accounting

Get fast, unlimited support for Catering Services with Accracy Accounting and Bookkeeping Services

Get fast, unlimited support from our expert advisors

We'll communicate frequently with finance updates catered to your business. Have urgent inquiries that just can't be put off? Rest assured, our team will respond to you in one business day or less.

Guaranteed accuracy in every detail for Catering Services with Accracy Accounting and Bookkeeping Services

Guaranteed accuracy in every detail

Our platform enables seamless automation of data inputs from the majority of major providers, minimizing typical financial errors. We've teamed up with key players such as Gusto, Stripe, Shopify, and Square. This ensures that your catering service's finances are consistently reliable.

Make Smart Decisions for Catering Services with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Say farewell to mountains of invoices and the tedium of manual record-keeping — Accracy Accounting automates data directly from your connected accounts. Gain insights from a unified dashboard to effortlessly grasp the financial stability of your catering business and make enlightened decisions.

Bookkeepers for Catering Services

Navigating the financial landscape of the catering business can be overwhelming, particularly when it comes to industry-specific taxes and laws. With varying taxes imposed on perishable food items, different categories of service charges, and complex tipping laws, managing money can quickly become a recipe for disaster. That's where Accracy comes into play. We understand the ins and outs of the catering world, are well-versed in its unique laws and taxes and are equipped to handle any bookkeeping challenges you might face.

Indeed, at Accracy we take care of all your bookkeeping and tax needs, so you can focus on creating delectable dishes and memorable experiences for your customers. Leveraging intuitive software, we streamline the financial side of your business, ensuring your books are up-to-date and accurate. But we do much more than just provide impeccable software. We match you with a team of human bookkeepers who bring with them extensive industry knowledge and experience. They not only keep your books tax-ready but also provide tailored financial insights to help you make smarter business decisions. So, whether you are grappling with food and beverage tax or navigating the nuances of worker classification, Accracy has you covered.

Accracy Pricing

Simple, straightforward bookkeeping pricing for everything your business needs.

Join over 1000 business owners who have streamlined their finances and have grown their businesses with Accracy.

Basic

Starting from
$200 / month billed annually
  • Dedicated Bookkeeping Experts
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Catch Up Bookkeeping

$500 / Billed Once
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Executive

Customized Pricing

Everything in Basic plan +

  • Dedicated Account Manager
  • Sales Tax
  • Corporate Tax
  • Payroll
  • Accounts Payable
  • Accounts Receivables
  • Full Support Team
  • + Additional Customized Services

Schedule a Meeting

Basic

Starting from
$250 / month
  • Dedicated Bookkeeping Experts
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Executive

Customized Pricing

Everything in Basic plan +

  • Dedicated Account Manager
  • Sales Tax
  • Corporate Tax
  • Payroll
  • Accounts Payable
  • Accounts Receivables
  • Full Support Team
  • + Additional Customized Services

Schedule a Meeting

Frequently Asked Questions about Bookkeeping and Accounting for Catering Services

As a catering service business owner, you'll be able to claim a variety of business expenses for tax purposes. Common tax deductions for caterers include:

  • Kitchen equipment and supplies: Anything you buy to use in your catering business, such as ovens, serving platters, utensils, and other kitchen equipment, can be claimed as a tax deduction. This also includes consumable supplies like napkins or plastic utensils.
  • Food and ingredients costs: The cost of food and ingredients used to prepare meals for your clients can be claimed as tax deductions.
  • Business insurance: The cost of business insurance that covers your catering business can be deducted from your taxes.
  • Vehicle expenses: If you use a vehicle for business purposes, such as delivering food to your clients, you can claim related expenses such as fuel, maintenance, and insurance.
  • Marketing and advertising expenses: If you advertise your catering services online, in print, or through other platforms, these marketing costs can be claimed as tax deductions.
  • Employee wages and benefits: If you have employees, you’re able to deduct their wages as well as any benefits you offer.

Please note that tax laws can change and vary by location, so it's always a good idea to consult with a professional tax advisor to ensure you're taking advantage of all possible deductions for your catering business.

Handling the accounting for large events where payments are made in installments involves a proper system in place to track all the incoming payments. Here are a few steps you could take:

  1. Set up a reliable and automated bookkeeping system: This system should be capable of tracking all installment payments, including when they are due and when they are received.
  2. Record each payment as a partial payment towards the total cost: Each payment should be recorded separately to avoid confusing the total amount still owed.
  3. Always issue receipts: Upon receiving each installment, always issue a receipt to the payee. This serves as a record for both you and them.
  4. Follow up on late payments: Have a mechanism in place to follow up on any late payments to ensure your financial records are up-to-date.

In addition, you might consider hiring a professional bookkeeper to handle these tasks, as they can provide valuable insight and save you time and effort.

The best method to track and manage inventory for your catering business is to utilise a reliable inventory management system. This type of system can help prevent overstocking or understocking of items. It not only tracks the incoming and outgoing goods but also provides real-time data and analytics. Some popular options include systems like QuickBooks or Zoho Inventory that specifically cater to businesses like yours. They offer features such as barcoding, order management, and automatic reordering. Remember, effective inventory management can save you money and allow your catering business to operate more efficiently.

We understand that when our clients turn their accounting and bookkeeping services over to us, trust is paramount. We have a team of certified professionals, use proven technologies, and hold ourselves accountable every day. Yes, you can trust us with your sensitive data and to deliver accurate, timely accounting services for your business.

Absolutely. Our team members are all certified in the leading accounting systems and can quickly get your files up to date.

Don’t worry, your financial data belongs to you. Our offboarding is pretty straightforward as we transfer account ownership to you. As a bonus, there’s no stopping you from replicating the workflows we’ve created for your in-house process – in fact, we encourage it.

Savings can vary considerably depending on your current solution, but our clients tell us that it is generally between 30% and 50%.

We do not provide year-end tax filing services as we are not a CPA firm. However, if you are looking for a year-end tax accountant, we would gladly refer you to one of our partners. Having a separate bookkeeper and year-end accountant ensures additional oversight on the accuracy of your books. Your year-end tax accountant can help you review your books during tax season.

No, we are not a CPA firm. Accracy is not a public accounting firm and does not provide services that would require a license to practice public accountancy.

No. We do not offer services which fall under the jurisdiction of these organizations. We have partner organizations who can provide those services if needed by clients. A good example of such services are tax advisory or statutory filings. We have a number of non-economic partnerships with CPA firms who can help our clients with these services if needed.

Every account is set up with a Client Success Lead who will be your day-to-day contact. They’ll liaise with the rest of the team members on your account which may include an accounting manager, bookkeeper, payroll specialist, and payables specialist.

Accracy can support a wide range of companies, from small businesses and startups to large public corporations. Our services are tailored to meet the unique accounting and bookkeeping needs of businesses across various industries.

At Accracy, we operate as a fully remote team, delivering our bookkeeping and accounting services online. We have the necessary tools and systems in place to work efficiently and securely from our remote locations. We will coordinate and collaborate with your onsite team to ensure smooth communication and workflow integration.

Accracy Accounting Frequently Asked Questions (faq)

Our Services

Your Needs, Our Solutions: Total Coverage Guaranteed

Stress-Free Bookkeeping and Back Office Accounting Solutions for Your Business.

Bookkeeping

Precise Financial Organization

Embark on a transformative journey towards financial clarity with our comprehensive organizational services. Beyond mere bookkeeping, we delve deep into the intricacies of your financial records. Every transaction is meticulously documented, categorized, and structured to provide not just accuracy but a foundation for strategic financial understanding.

Bookkeeping

Financial Reporting

Actionable Financial Insights

Beyond mere numbers, our reporting services are a gateway to actionable insights. We go beyond presenting data; we interpret, analyze, and deliver reports that serve as strategic roadmaps for your business. Timely, clear, and comprehensive, our insights empower you to make informed decisions, identify opportunities, and navigate challenges with confidence.

Financial Reporting

Accounts Payable & Receivable

Efficient Accounts Management

Efficiency is the cornerstone of our accounts management services. Whether handling payables or receivables, we streamline your financial transactions to optimize cash flow. Our focus is on creating a robust system that not only meets compliance standards but also ensures that your financial operations are a well-oiled machine, contributing to the overall health of your business.

Catch-Up Bookkeeping

Timely Financial Updates

Don’t let backlog hinder your progress. Our catch-up services are designed to bring your financial records up to speed. We meticulously address any gaps, ensuring that your records are not just current but also compliant. Stay on top of your financial game with timely updates that provide a comprehensive view of your financial landscape.

Catch-Up Bookkeeping

Fractional Controllership

Strategic Financial Guidance

Experience the benefits of seasoned financial leadership without the full-time commitment. Our fractional controllership services bring in experts to guide your financial strategies. Beyond mere oversight, our professionals actively contribute to optimizing your business performance. Benefit from strategic insights, financial planning, and a level of guidance that propels your business towards sustainable success.

Fractional Controllership

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