For over 30 years, Restaurant Accounting Solutions has been proud to provide a variety of eateries with weekly outsourced restaurant bookkeeping, accounting, financial reporting, and payroll services. And since we work exclusively with the restaurant industry, we understand the unique needs of restaurants, as well as their implications on the bottom line. By working with us, we’ll provide you with flexible and customized alternatives for getting all of your bookkeeping and financial reporting processed and in your hands, on a timely and accurate basis, each and every week.
Whether we’re assisting you in your present bookkeeping support or providing complete outsourcing of the bookkeeping functions for your restaurant, We’re sure to have the right solution for you. All at a cost that will be affordable compared to your present overhead in this area.
Complete outsourcing of your restaurant’s entire weekly bookkeeping to identify and improve your profit margins includes:
Arthur has always been notoriously vocal in referring to the restaurant/hospitality business as being “the toughest business in the world,” perhaps just short of being considered “a life sentence without parole.” By staying on top of your operating ratios with RAS1 every week, the risk factor in this demanding industry becomes diminished.
Although in 1985 he started off his initial business in general business consulting, Arthur realized the desperate need in most restaurants involved the lack of financial information and back office functions. With tasks such as vendor invoice payments, checkbook reconciliation and inventory payroll. Arthur knew he could do a better job with the "back office functions" of the restaurant industry and let the owner have more time to spend “out front" of their restaurant. So, in 1989, Restaurant Accounting Solutions was formed. Since then, Arthur has strived to help business owners save money while giving them more control of their restaurant’s operations.
“I have a short season lasting just three months. So each week is crucial. A bookkeeper can tell you where you stand when it’s already too late. But RAS1 gives me insight and tools, so I can jump in and correct things mid-stream. They’ve helped me turn otherwise disaster seasons into a complete success. I can’t say enough about them. They’re always accessible, easy to work with and there when you need them. I wouldn’t work with anyone else – period.”
“In the restaurant business, you’re faced with tough times and challenges to overcome. RAS1 has been through it all with us and thanks to them we continue to focus on our operations and profitability by leaving the day to day bookkeeping and number crunching to RAS1.”
“In the restaurant business, you can get in trouble really fast. That’s the beauty of receiving weekly and monthly reports. They let you know where you are and where you should be – fast. it’s like a road map, making sure percentages are in line at all times. Plus, RAS1 is extremely prompt and efficient. If there’s ever a problem, they’re quick to solve it. They make the restaurateur’s job a lot easier because you have a team standing behind you assisting with day-to-day situations. So you can use your time much more efficiently.”
“I was the very first account on Nantucket to utilize RAS1. Through the years their support and wealth of financial information has contributed greatly to our growth and ability to own and operate now multiple restaurant businesses. Although RAS1 has many other accounts now, we are still serviced like we are the very first one.”
“Working with RAS1 as opposed to a routine bookkeeper and accountant is like night and day. Accountants like to think in months, but running a restaurant is meticulous; we think in days. Working on a day-to-day basis, it’s a nightmare to monitor everything and stay on top of it all – from payroll to taxes and overtime pay. Instead of working with three separate entities – an accountant, a payroll service and a lawyer – RAS1 offers it all in one package. RAS1 knows the restaurant industry from the numbers side and by having them as part of the team I am able to get out of the office and run my four restaurants by staying on top of the numbers at all times.”
“Having RAS1 for many years has kept our focus on running our great fine dining restaurants and leaving the high volume of paperwork processing totally up to them. The personal attention combined with their ability to work so well and so closely with our CPA firm provides us with such a comfort level for this end of our business.”
“RAS1 brought me out of the stone ages of running my business. Before RAS1 I was writing my checks by hand never knowing where the money was and flying along with no radar screen. At year-end I would send my one write sheets to my accountant and receive my tax return. With RAS1 I always know my financial position and can readily see where all my expenses are compared to budgets that now get prepared. Thanks to RAS1 my business has grown to be much more profitable and extremely more valuable with the numbers readily available to support.”