article thumbnail

Cost Accounting for Restaurants: A Step-by-Step Guide

Paper Chase Accountancy

When handled correctly, tip reconciliation can help restaurants maintain control over their finances and avoid costly errors or audits. This reconciliation process ensures accurate wage calculations, tax reporting, and compliance with labor laws.

article thumbnail

New & Notable: TEAM Schostak Celebrates 40, AI in Food Service and Beachy Tech

Modern Restaurant Management

Barb joined TEAM Schostak in 2000 as District Manager for Burger King. ” Key highlights of updates and changes resulting from the audit include: To ensure values alignment within organization and among stakeholders: Revised, value-centered mission statement and definition of a James Beard Award winner.

Food 433
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Cook a Direwolf

EATER

In reviewing Elizabeth for Chicago magazine in winter 2013 , Jeff Ruby called it an “audit of us, the foodies, a label we hate but deserve because we can’t come up with anything more apt.” Through the process of transformation, Elizabeth was a comment on the prevailing narrative of what Chicago restaurants are. People noticed.

article thumbnail

Hawai?i’s Mushroom Boom Is Here

EATER

Last time the state did an agricultural audit, the number of local farms producing mushrooms had tripled, from three in 2012 to nine in 2017, and funghi farmers say that number has continued to grow. Though Hawaiʻi-grown mushrooms have been available in a limited way since 2000, Chung says they weren’t approachable until more recently.

Compost 261