1:1 Guidance
If you are looking for clear, tailored support, 1:1 Guidance is a space to ask questions, get direction, and better understand your financials — at your pace.
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- Explore how to set up your accounts in QBO, with an industry-specific chart of accounts and a comprehensive vendors/clients list.
- Understand best practices for recording income & expenses.
- Gain insight into managing accounts receivable & payable.
- Learn the role and importance of bank reconciliations
- Make sense of your key financial reports, (Profit & Loss, Balance sheets, A/P aging)
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- Handling gifts cards, tips, service charges & gratuities the right way
- Understanding sales reconciliations and sales tax payments
- Systemizing accounts payable & vendors management
- Why knowing your 'Prime Cost' matters
- Understanding COGS
- Inventory & Food Cost review
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A personalized session designed to address your unique bookkeeping needs.
Set up and TRaining
Optimize your QuickBooks account setup and improve your team's proficiency in bookkeeping.
Setting up your accounts
- Accounting software (QBO) Set Up
- Record Income and Expenses using industry specific software (XtraCHEF by Toast, MarginEdge, Craftable, Shopify integrations and more.)
- Set up Account Payable system, vendor software application and integration.
- Set up of Sales Tax License and how to track it in QBO
- Provide Excel Workbooks (Templates) to keep track of sales, deposits, labor & expenses.
Accounts Training
Personalized training sessions to enhance your team’s proficiency in managing your bookkeeping and streamlining financial operations.
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- Customizing the chart of accounts in QBO.
- Industry-specific categories and organization.
- Consistent coding and categorization.
- Entering sales and invoices in QBO.
- Managing customer payments.
- Accurate expense categorization.
- Setting up vendors and payables in QBO.
- Efficient management of bills and due dates.
- Recording hours, reviewing tips, and preparing payroll.
- Ensuring compliance with tax regulations.
- Reconciling Sales Deposits and Vendor Payments
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- Food Costs Control
- Prime Cost Reporting
- Cash Flow Management
- Preparation of Biweekly Payout of Payroll and Tips
- Account Payable & Vendors Management
- POS System Integrations Training
Monthly Support and bookkeeping
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- Recording of all income and expenses, maintaining an accurate and up-to-date financial record.
- Accounts receivables and payable management.
- Monthly bank reconciliation of bank statements, credit cards, and third-party accounts (e.g., PayPal, Stripe)
- Review of Unreconciled Payments
- Payroll Services
- Financial Statements Review
- Sales Tax Preparation and Filing
- Troubleshooting reconciliation discrepancies.
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-Daily sales recording: Tracking daily sales and transactions
- Account payable: Vendor communication and strategic relationships, payments processing and price negotiation
- Inventory management: Implementation to reduce waste and enhance cost control.
- Budgeting and forecasting: Assisting in creating financial plans and projections
- Payroll services: Tip reporting compliance and wage tracking
- Financial statements review to optimize inventory and control food costs.
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On-going training and assistance for your team to ensure your accounts are accurate, running well and positioned for growth.
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Let Bella Vista help you catch up on prior years of record-keeping or clean up and organize your system. Our services are tailored to your business needs for a seamless financial makeover.
On-going assistance to help you effortlessly manage your finances, get caught up and keep your books current.