EPOS Reconciliation: Tying Daily Takings to Card Settlements and the Bank
Introduction Most hospitality bookkeeping problems reach us with the same short note: “Takings don’t match the bank. Can you sort it?” By the time someone writes that note, the difference has usually sat in a suspense account for three or four months, and it has grown every week. The gap is rarely fraud, and it […]
Hospitality Bookkeeping: The Monthly Close, Step by Step
There is a particular kind of phone call that lands in a practice around the second week of January. A restaurant client wants to know why December looked so strong on the bank statement and so ordinary in the accounts. Or why gross profit has moved four points with no obvious change in the menu. […]