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Proposals for Specific Industries - Kudos Ukraine
Kudos Ukraine background

Food & Beverage

Organisation of Accounting and Control of Food & Beverage for Hotels and Restaurants

The organisation of accounting and control of the Food & Beverage logistics requires special attention and efforts. The problem of inventory shortages can have many roots, ranging from the inconsistency of the codes of dishes and drinks in different accounting software to problems with fraud and thefts by staff. Depending on the specifics of Food & Beverage accounting in your hotel, we will conduct an audit and develop an effective management and control system for the movement of goods and materials.

Below are eight issues that are important in addressing inventory shortages.

Issues to study:

  1. Procurement planning (selection of suppliers and placing orders) of food and drinks for restaurants
  2. Organisation of physical reception to the warehouse (or immediately in the kitchen) of food and drinks (recalculation, weighing, comparison with the source documentation of suppliers)
  3. Organisation of operational warehouse accounting of the acquisition and movement of goods from the warehouse to production and to retail outlets (restaurant kitchens, bars, minibars in rooms, etc.)
  4. Organisation of accounting
  5. Organisation of the processes of accepting and fulfilling orders from guests in restaurants, bars and rooms and payments for them (receiving proceeds) in bars and restaurants
  6. Organisation of accounting of the consumption of products in the kitchens, goods in bars and restaurants (including the organisation of catalogues of goods and dishes for sale, catalogues of ingredients for dishes, drinks and cocktails, recipe and calculation cards, etc.)
  7. Organisation, procedure and frequency of inventories, including displaying their results in operational and accounting records (adjustments for shortages and surpluses)
  8. Organisation of material responsibility of employees, including bartenders, waiters, administrators, kitchens and staff; system of their reward and punishment
Organisation of Accounting Food and Beverage
Kudos Ukraine background

Solutions for IT companies

Comprehensive Accounting Services for IT Companies

Comprehensive accounting services for IT companies can include:

  1. Conducting accounting and tax accounting in accordance with the norms of Ukrainian legislation
  2. Administration of taxes, incl. taxation of individual entrepreneurs
  3. Performing individual tasks requiring special knowledge and high qualifications, including:
    • Preparation of reports in accordance with corporate or international accounting standards (IFRS, US GAAP, etc.)
    • Preparation of tax returns for filing in foreign jurisdictions
    • Payroll outsourcing
  4. Performing the internal financial control functions
Organisation of Accounting for IT