Bookkeeping for Restaurants Becomes Simpler With IBN Technologies Limited

Wilmington,Delaware, November 5, 2015 (Newswire.com) - Food & Catering industry has seen specific patterns when it comes to bookkeeping, especially with restaurants, the tasks and responsibilities are complicated more than necessary. This leads to utter disbelief and confusion of handling the financial aspects along with the everyday demands of keeping the restaurant up and running. Falling behind on the Bookkeeping Responsibilities leads to further problems and disorganization which results in a drop of profits in an already competitive industry.

Download Brochure:      http://www.ibntech.com/bookkeeping-services.html

IBN Technologies Limited houses experts who are well-equipped at understanding and resolving various circumstances that arise with the financial standing of a restaurant.

Rahul Sancheti, PR manager

When it comes to handling the bookkeeping responsibilities of a restaurant, there is more than one entity involved in the matter. Restaurant owners, the managers, and the bookkeepers form the trinity that keeps the restaurant up and running. The bookkeeping personnel usually handle the tasks of recording the transactions, both expenses and deposits. Most cash deposits are handled by the restaurant managers themselves. However, any and all outbound payments can only be authorized and carried out by the restaurant owner. A streamlined methodology of handling cash flow takes care of most issues that arise with a Restaurant’s Bookkeeping.

IBN Technologies Limited houses experts who are well-equipped at understanding and resolving various circumstances that arise with the financial standing of a restaurant. Using bookkeeping software that is renowned and fits well with the respective domain, such as Quick books, Xero, and many others, restaurants and even franchise chains can have all their requisite financial information in a centralized location that is transparent and is up to date. Moreover, this system essentially looks after a number of accounting aspects. Journal entries of daily sales are recorded appropriately. Accounts payable are handled responsibly with enough room for growth and timely invoice satisfaction. Payrolls for the restaurant personnel is integrated within the software and is handled by taking into account all policies and tax laws applicable within the region. A highly essential requirement that many restaurants for ego is an accurate record of the inventory that ties in with multiple locations where the restaurant might be present. This ensures a system that is free from any inaccuracies and inconsistencies that may cause problem for future financial audits and the restaurant itself.

Free Trial: http://www.ibntech.com/bookkeeping-services-trail-offer.html

IBN Technologies Limited provides bookkeeping services at a fraction of the cost of hiring a full-time bookkeeper, with a higher level of expertise, and a faster processing speed. A combination of domain expertise and industry level standards makes IBN the obvious choice for their Bookkeeping Services. Handling the numerous variables in restaurant bookkeeping is a matter that should be handled by professionals and outsourcing it to IBN Technologies Limited is a choice that offers benefits as well as peace of mind.

About Us

IBN Technologies

IBN Technologies Limited is an outsourcing service provider with a customer base covering the USA, UK, Middle East and India. IBN has a State of the Art Global Delivery Center in Pune, India. IBN processes are ISO 9001:2008 quality certified. In 15 years of operation IBN has evolved as leading IT & BPO outsourcing service provider in BFSI, Travel, Retail Chains & Online Business.

Contact

Rahul Sancheti

IBN Technologies (US) LLC

108 West 13th Street,

Wilmington, Delaware 19801

 Phone: +1-844-644-8440

 Email: [email protected]

Connect with Us on LinkedIn: https://www.linkedin.com/company/ibn-technologies-limited?trk=top_nav_home