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.
We are offering free 1 Month Basic Bookkeeping to all new customers so you can experience Accracy's seemless and professional 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.
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.
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.
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.
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.
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.
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.
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.
Join over 1000 business owners who have streamlined their finances and have grown their businesses with Accracy.
Everything in Basic plan +
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:
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:
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.
Stress-Free Bookkeeping and Back Office Accounting Solutions for Your Business.
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.
BookkeepingOur payroll services offer comprehensive solutions for managing employee compensation in both Canada and the US. We handle everything from accurate payroll processing and tax calculations to compliance with local regulations and benefits administration. Our services ensure timely and precise payroll delivery, streamlined tax reporting, and up-to-date compliance with ever-changing laws.
Payroll ProcessingWe offer comprehensive sales tax services, including reporting, compliance, and filing, for both the United States and Canada. Our expertise ensures that your business adheres to all relevant tax regulations, streamlines your tax processes, and mitigates the risk of errors and penalties. Whether you operate in one region or across both countries, our team is equipped to manage your sales tax.
Sales Tax FilingBeyond 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 ReportingEfficiency 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.
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 BookkeepingExperience 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