Managing a restaurant’s finances can get complicated — daily sales, vendor bills, payroll, and inventory all add up fast. Setting up a clear and accurate Chart of Accounts in QuickBooks helps restaurant owners track every dollar and make better business decisions.
A standard restaurant Chart of Accounts in QuickBooks includes:
Income Accounts: Food Sales, Beverage Sales, Catering Income, Delivery Revenue.
COGS (Cost of Goods Sold): Food Purchases, Beverage Purchases, Kitchen Supplies.
Expense Accounts: Payroll, Rent, Utilities, Marketing, Equipment Maintenance.
Other Accounts: Tips Payable, Sales Tax Payable, Owner’s Equity, Bank Accounts.
When properly customized, this setup helps you monitor profit margins, analyze menu performance, and simplify tax preparation.
At QBIS, we go beyond basic setup — our Custom QuickBooks Solutions help restaurants integrate their POS systems, delivery platforms, and payroll tools directly with QuickBooks. No more manual entries or mismatched reports — just accurate, real-time financial insights.
Get a custom QuickBooks integration from QBIS and sync your POS, payroll, and vendor expenses automatically.
Contact QBIS Today to streamline your restaurant finances!