Audits Food Supply Tip Distribution 
Modern Restaurant Management
OCTOBER 24, 2024
B Corp Certification, a credential bestowed by the non-profit organization B Labs, is a way for businesses to address those concerns and more as they undertake an in-depth auditing process, and come out with a seal of authenticity around their sustainability and social responsibility claims and a branding kit to help promote it.
Paper Chase Accountancy
JULY 2, 2025
The restaurant business is a dynamic, fast-paced world where passion for food and hospitality often takes center stage. Professional tips for hospitality accounting that directly contribute to sustained business growth. At month-end, ensure all payroll data—wages, tips paid out, benefits, and payroll taxes—is accurately recorded.
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Paper Chase Accountancy
JULY 25, 2025
Restaurants and Food Service: Including fine dining, fast casual, QSRs, cafes, and catering. Differences from Standard Business Accounting While general accounting principles apply, several unique elements set hospitality accounting apart: Labor-Intensity and Tips: This sector is inherently labor-intensive. FICA tip credit).
Paper Chase Accountancy
MAY 21, 2025
High Labor Costs: Staffing, often a significant portion of operational expenses, involves complex payroll structures, tip reporting, overtime, and benefits, all requiring meticulous tracking. Tip Management and Reporting: Ensuring accurate calculation, distribution, and reporting of tips for compliance and employee satisfaction.
Modern Restaurant Management
JANUARY 8, 2024
Systems and tools are now adept at handling segmentation and distribution, powered by a richer pool of 1P and 0P data. Tip payouts and tips management will move faster in the restaurant space than EWA in other verticals. ’ and ‘What insights can I give them that they can’t access at the tip of their fingers?’
7 Shifts
AUGUST 18, 2024
Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. Whether it’s food cost increases due to inflation or a labor cost rise due to rising minimum wage, cost increases, like taxes, are pretty much a guarantee in the restaurant industry.
Sling
APRIL 5, 2021
In this article, the experts at Sling share 12 tips to help you keep your employees motivated, engaged, and productive. Tips For Improving Motivation In The Workplace. You don’t have to give anything tangible just yet (we’ll deal with that in the next section), but do supply specific reasons why they did a good job.
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