For those of you who know anything about the restaurant industry, you understand “Mise En Place” – a French culinary phrase which means “putting in place” or “everything in its place.” A proper Chart of Accounts functions the same way as an organized restaurant station. Everything has its proper place, everything is conveniently located and […]
How to Record Daily Sales for Your Restaurant (Using Journal Entries)
How to Record Daily Sales for Your Restaurant (Using Journal Entries) Like any business, the overall success and health is driven and maintained by what happens in the “back office.” I know from personal experience that a restaurant can have amazing food, a friendly staff and an awesome location but if the owners/operators don’t have […]
How to Choose the Right Accounting Software for Your Startup
Entrepreneurs and small business owners are plagued with a million questions. Where to start your business? How to incorporate? How to pay employees? Which office to lease? And so much more…. At some point you will ask yourself – which accounting software should I use? Below, I will outline the main players in the space […]
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How to Record Sales From Shopify in QuickBooks or Other Accounting Software
Updated June 3rd, 2018 Shopify is truly a great product. They allow ‘wantra’-prenurs to become entrepreneurs. They allow small businesses to flourish. One of the most challenging aspects of Shopify is the accounting piece. Let’s dive into this a bit deeper. Let’s take a look at a simple Shopify setup. You launch your store. You […]
Why Your NYC Startup Needs an Accountant
Over the past few years I have worked with companies of varying sizes and at different stages in the lifecycle of business. All of these companies need some form of guidance or advice, more often than not start-ups tend to have no systems or processes in place when it comes to accounting. They tend to […]