Accounting Services for Hospitality Businesses

Expert Accounting Services for Hospitality Businesses

Supporting restaurants, cafes, pubs, hotels, and more

Managing a hospitality business nowadays requires a sharp focus on managing staff levels, food produce, and other business supplies in an optimal way. At Advisory Accountants we know that running a hospitality business isn’t easy, and we get that. With our years of experience supporting a wide range of hospitality businesses, our experienced team understands the day-to-day challenges that many bar, cafe and restaurant owners face.

Our skilled team delivers full accounting and advisory services specifically tailored to the hospitality sector. Whether you're just starting out or looking to scale, we’ll help you with our wide range of accounting services. With us, you’ll have our expert support to help you stay on top of your accounts, so you can focus on running your business.

10 Ways We Can Support Your Hospitality Business

Full Accounting Services

We provide end-to-end accounting services designed for the fast-paced hospitality industry, including GST returns, income tax returns, and year-end financial statements. Our streamlined approach ensures your financials stay accurate, up to date, and fully compliant.

Tax Advice, Minimisation and Compliance

Our team will ensure your tax obligations are managed efficiently and cost-effectively. We work closely with you to identify all deductible business expenses, structure your finances strategically, and support you in maximising your after-tax profitability.

Business Advisory Service

In the hospitality industry, success is more than just accurate accounting, it requires careful planning and strong attention to detail. We offer tailored advice on everything from business structures, expanding operations, through to succession planning.

Business Valuations – Sale or Purchase

If you're buying or selling a hospitality business, we can provide detailed financial assessments, cash flow forecasting, and scenario planning. We'll guide you through key metrics, sales projections, and realistic valuations to support confident negotiations.

Guidance and Use of Retail Appropriate Accounting Software

Having accurate real-time information is key to assist a business with making immediate and long-term business decisions. We can advise on and help you implement accounting tools designed for hospitality, featuring inventory tracking, POS integration, and real-time reporting.

Accurate Financial Record-Keeping

We help hospitality businesses set up efficient systems to track their sales, whether it's from their POS, booking platform, or online ordering. With our expertise, and using modern accounting software packages and practises, we can closely monitor and track your business financials.

Cash Flow Monitoring & Management

Our team can work closely with you to identify potential cash flow issues and provide tailored solutions. This includes reviewing the impact on turnover from upcoming events, seasonal changes, predicted occupancy levels, cash reserves and your tax projections.

Inventory Management Best Practices

We can guide and advise on processes and systems to help you review your food produce and stock inventory levels, identify slow-moving items, and any other key areas of concern.

Regular Financial Performance Reviews

We don't just do the books; we help you understand them. Our team can provide quarterly or bi-annual reviews of key performance indicators like gross margin, ROI, and stock turnover, giving you the insights needed to fine-tune operations and improve profitability.

Strategic Planning & Budgeting

At Advisory Accountants we don't just look at your current day to day trading, but we also take a clear look at what your future requirements may be. As part of planning for the future we can create realistic financial plans and budgets, which can be regularly reviewed and adapted.

Business Growth & Advisory Services

We take a unique approach by combining expert accounting services with strategic business advisory support. While managing the core financial needs of your hospitality business, we also act as a trusted partner to help you grow, adapt, and succeed in a dynamic market."