Restaurant Accounting
Restaurants file sales tax on a recurring schedule, run payroll with tipped wages, and track food and beverage costs closely. McNeel CPA has worked with restaurant operators in Mississippi and handles the filings and records that come with the business.
Looking for more detail? See our full restaurants accounting page.
- Recurring sales tax filings tied to daily sales reports
- Payroll that includes tipped wages and tip reporting
- High staff turnover and frequent payroll changes
- Food, beverage, and labor costs that must be tracked separately
- Point-of-sale totals that have to reconcile to bank deposits
- Prepare recurring sales tax returns from your sales reports
- Process payroll and prepare payroll tax filings where the firm can assist
- Reconcile point-of-sale activity to bank deposits
- Maintain books that separate food, beverage, and labor costs
- Prepare business income tax returns for the entity
- Prepare period statements showing results for the operation
Availability and limitations
Availability depends on the state, filing requirement, registration status, and scope of services requested. Contact McNeel CPA to determine whether the firm can assist.
McNeel CPA has two physical Mississippi offices. Philadelphia accepts walk-ins during regular business hours. Louisville is available by appointment only — call 662-773-8289 before traveling.
Pricing
Pricing varies based on the forms involved, number and type of entities, condition of the records, filing history, payroll size, bookkeeping volume, state requirements, and level of assistance requested. A final quote is provided after review.
Frequently asked questions
Do you handle tipped payroll?
Payroll including tipped wages is part of what restaurants bring to us. Availability depends on the state, registration status, and scope requested, so we confirm during review.
Can you take over sales tax filings mid-year?
Often, yes. We would review the filings already made for the year and confirm what is needed before the firm takes over.
What records do you need from a restaurant?
Sales reports from your point-of-sale system, bank statements, payroll records, and vendor detail for the periods involved.