The Controller

Outsourced Restaurant Accounting

Our core offering is what we call The Controller. It’s literally what it sounds like. We control your core financial reporting. We do this via the first 5 steps of the SweetData OS.

What does this look like for you? We step in as your outsourced accounting team, taking responsibility for the financial processes and reporting that keep your business running. All inputs into the accounting system from auto drafts, to other banking, sales inputs, labor inputs, CapX and depreciation and journal entries are handled by our team. This results in an output package of traditional financial statements and some not as traditional metric reports and analysis on your key operational metrics that truly determine your profitability. Moreover, all this happens on a schedule. The reporting package is available on a set day after period end closing each month.

Key controller tasks: Accounting • AP • GL • Financial statements • Cash management • Treasury • Inventory controls • Location-level reporting • Daily/period reporting • Debt and lease compliance • Financial alerts

What You Get

Daily

  • Sales reconciliation
  • POS/deposit reconciliation
  • Cash activity
  • Exceptions and alerts

Weekly

  • Cash position
  • Labor reporting
  • Prime cost
  • Flash reporting
  • Variance analysis

Period

  • Location P&L
  • Consolidated P&L
  • Balance sheet
  • Cash flow
  • COGS
  • Labor analysis
  • Budget vs. actual
  • Location comparisons