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The f&b Industry and its Accounts

F&B Industry Accounting Flyer

The F&B Industry and Its Accounts: Need of People, Process, and Tech formulae for F&B Industry

The F&B Reality: Great Food Doesn’t Guarantee Great Profits

The Food & Beverage industry runs on passion, pace, and people. But behind the ambience, menus, and customer experience lies a complex financial engine—one that often decides whether an F&B business scales or silently struggles.

Most F&B businesses requires a good Accounting Resource and HR, because of

  • High-volume, low-margin transactions
  • Daily cash and Multiple Payment Modes
  • Inventory spoilage and pilferage risks
  • Staff-heavy operations
  • Compliance touchpoints

And the Pain Point is, hiring a Technically Sound Accountant and retaining him for long run. Depending on Auditors may repeat the same issues, because of talent scarcity in the market. Some Agencies Provide monthly reports, but that’s not completeness of Accounting.

This is where ATS (Accounts on Track Solutions) steps in—With experience of the Industry, and with readily deployable Process, without costing much on pockets.

The Team Process looping Services Provided

Within the Budget of a Single Accountant, The Restaurants will have a Team, consisting of,

  • Accountant
  • Sr.Supervisor (POC) and
  • HR

And, beautifully organized Process looping,

  • Cashiers
  • Billing Software
  • Procurement team
  • GRNs Process
  • Consumption and
  • Management.

With which,

  • Daily Receipts Reconciliation
  • Accounting on Daily basis
  • Purchases Reconciliation
  • Payment processing & Control
  • Payroll Management & Filing
  • MIS Reporting
  • Daily Fund Control sheet
  • Tax Saving and Filing
  • Tally Book Keeping
  • Yearend Financials, will be Provided.

Our USP:

  • · 30 Seconds Response time
  • · Onsite Visits as needed
  • · Live Data access to Management
  • · Interconnected PNL and Cash flow
  • · ERP implementation (if required)

Management Is going to have full access to data as and when needed. And can take right decisions as to customized menu and pricing. Each rupee of receivables will be reconciled. Each rupee of payment will be under control. Tax Compliance by Superiors with Assurance. Year end Financials and Audit are optional.

This is how ATS creating impact as to Accounting. With Industry Specific Services.

This is our Passion.

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