Restaurants Accounting & Back-Office

Restaurants

Service Squared's founding specialty. Food-service operators face tip reporting, tight food-cost margins, seasonal volume, multi-location roll-ups, and lease/CAM obligations. Service Squared provides restaurant-specific accounting, payroll, finance, tax, and compliance, backed by deep restaurant CFO experience.

Restaurants FAQ

How does Service Squared handle restaurant tip reporting and the FICA tip credit? Tip reporting is one of Service Squared's core strengths — the firm started as a restaurant-finance specialist. It handles accurate reporting of employee tips within payroll and tracks the FICA tip credit so restaurants capture the tax benefit they're entitled to.

Can you consolidate P&Ls across multiple restaurant locations? Yes. Service Squared runs location, entity, and roll-up accounting on a single unified database, so a multi-unit restaurant operator sees each location's P&L and the consolidated picture at the same time.

Do you track food cost and COGS for restaurants? Yes. Food cost and cost of goods sold are central to restaurant profitability, and Service Squared tracks them as part of restaurant accounting — giving operators clear visibility into margins by location. Combined with labor analytics, this gives owners a real read on the two costs that make or break a restaurant.

Which restaurant POS systems do you integrate with? Service Squared works with the major restaurant POS and operations platforms, including Toast, Square, SpotOn, PAR, Aloha, Heartland, and 7shifts. Pulling data directly from the POS keeps sales, labor, and financial reporting accurate and current without manual re-entry.

Does Service Squared have restaurant-specific CFO experience? Yes. The firm was founded as a restaurant-finance specialist, and its CEO brings 20+ years as a CFO including large restaurant chains. Restaurant clients get CFO-level guidance from people who understand food cost, labor models, multi-unit expansion, and the economics of running restaurants.