Restaurant Accounting Services

Excel Complete provides restaurant accounting services focused on food cost, labor analysis, prime cost management, and operational reporting. As a CPA-led firm with a focus on technology, we'll implement system improvements to enhance accounting and enable better decision-making. Midwest-based, we support restaurants across the U.S.

Hire an Accounting Expert →

Allen Frantsen, CPA, Principal Consultant
Updated: 6/10/2026 - 8 min read

Table of Contents

Overview

Excel Complete provides restaurant accounting services focused on food cost, labor, and financial reporting. As a CPA-led firm, we manage day-to-day accounting operations, track sales and expenses, and deliver accurate, timely financials.

Our work centers on margin visibility, cost control, and location-level performance. We structure your systems, chart of accounts, and reporting so that POS sales, payroll, and expenses are captured correctly, giving you clear insight into food cost, labor percentages, and overall profitability.

What separates us is our technology-focused approach. We connect POS, payroll, and accounting systems, refine workflows, and build custom reporting tools. We also go beyond bookkeeping with pricing analysis, menu optimization, and operational insights, helping you improve margins and make better decisions.

Restaurant Accounting Cost

Restaurant accounting services start at $2,000 per month for single-location operations with standard accounting needs. Rates scale based on sales volume, number of locations, and the complexity of your reporting requirements.

For new clients, Excel Complete offers an on-site accounting roadmap for $1,500. We review your processes, POS systems, payroll, reporting, and operations, and then deliver a roadmap with recommendations to improve reporting and related accounting functions.

On-site consulting is available for organizations near our Ann Arbor, Michigan office:

  • Detroit, MI
  • Grand Rapids, MI
  • Toledo, OH
  • Akron, OH
  • Columbus, OH
  • Chicago, IL
  • Cleveland, OH
  • Cincinnati, OH
  • Pittsburgh, PA
  • Indianapolis, IN

On-site consulting is available for additional locations; travel costs may vary.

Our Process

1) Understand

We start by understanding your restaurant, locations, menu, and current systems. This includes reviewing your financials, POS setup, payroll, and reporting, and identifying where food cost, labor, or margins lack visibility.

2) Manage and Report

We take over day-to-day accounting operations, including bookkeeping, monthly close, and financial reporting. We structure reporting to give clear visibility into food cost, labor percentages, sales trends, and location-level performance.

3) Improve

We improve the systems behind your accounting. This includes connecting POS, payroll, and financial data, refining workflows, and structuring your data to support pricing decisions, menu optimization, labor planning, and multi-location growth.

Financial Reporting

Restaurant operators need reporting to understand cost drivers to make informed decisions. Excel Complete helps restaurants consolidate data across systems to create custom financial reports. We standardize the chart of accounts and the data structures, providing better visibility into performance. Common projects:

  • Food cost reporting
  • Labor cost analysis
  • Prime cost management
  • Month-end close reporting
  • Multi-location reporting
  • Inventory and purchasing analysis
  • Cash flow analysis
  • Budget and forecast reporting
  • Dashboard development
  • POS and accounting system integration

Labor Management

Labor is one of the largest and most sensitive drivers of restaurant profitability, and it must be aligned with sales in real time. Many restaurants struggle with overstaffing or understaffing, lack consistent labor tracking, and rely on schedules that are disconnected from actual demand. This leads to inconsistent service and margin pressure across shifts and locations.

We build labor reporting directly tied to sales, providing clear visibility into performance by hour, day, and location. When combined with food cost data, this allows us to identify where high cost and high labor overlap and adjust pricing, menu mix, or staffing accordingly. We support these decisions with targeted analysis, helping you improve efficiency, control costs, and protect margins.

Market Research

Restaurants generate valuable data every day, but most of it goes unused. From menu performance to customer feedback, there is a constant opportunity to understand better what drives sales, pricing sensitivity, and the overall guest experience. Simple tools, such as QR code surveys at tables or on receipts, let you capture real-time feedback directly from customers.

We help turn this data into actionable decisions. This includes pricing analysis, evaluating new menu offerings, and using customer feedback to monitor quality, cleanliness, and service across locations. Combined with location intelligence and demographic data, this supports smarter decisions around expansion, store performance, and where to invest next.

System Improvments

Restaurants often operate across disconnected systems, including POS, payroll, inventory, and accounting platforms. We improve how these systems work together by connecting data sources and building structured reporting layers that provide a single, reliable view of financial and operational performance.

Our work includes integrating POS, payroll, and accounting systems, implementing tools such as QR-based customer feedback, and developing automated workflows that reduce manual effort and improve data accuracy. From data cleanup and standardization to custom reporting tools, we build systems that support consistent operations, real-time visibility, and better decision-making across locations.

Benchmarking

Restaurant operators benefit from understanding how their performance compares across locations and against similar concepts. We offer benchmarking built from your financials, POS data, and labor models, with results structured to highlight differences in food cost, labor, sales performance, and overall margins.

For deeper analysis, we offer optional surveys to capture customer and operational feedback, including service quality, cleanliness, and overall experience. This data can be collected using simple tools, such as QR codes on tables or on receipts. Combined, this helps identify opportunities to improve efficiency, consistency across locations, and overall performance.

Frequently Asked Questions

Below are answers to common questions about our restaurant accounting services.

Can you provide consolidated reporting on food and labor spend for our finance team?

Yes. Excel Complete works with restaurants to collect, organize, and consolidate data across POS, payroll, inventory, and accounting systems. We build reporting packages, dashboards, and presentations that provide finance teams with a complete view of food costs, labor costs, and overall performance.

Can you handle accounts payable, inventory, and labor analysis?

Yes. Excel Complete supports accounts payable, inventory tracking, labor analysis, financial reporting, and month-end close processes for restaurant operators. We also provide labor modeling services that help restaurants forecast staffing needs and improve scheduling decisions.

Do you help restaurants with prime cost management and operational reporting?

Yes. We help restaurants track and analyze food, labor, and prime costs, as well as key operational metrics, through custom-built real-time dashboards and reporting solutions.

Do you specialize in restaurant financial reporting and month-end close?

Yes. Excel Complete provides full month-end close support, including account reconciliations, adjusting entries, financial reporting, board packages, KPI reporting, variance analysis, and executive commentary.

Allen Frantsen

Allen Frantsen is the Principal Consultant for Excel Complete. A CPA and software engineer, he has worked across government, healthcare, and the Fortune 5, designing scalable systems that turn complex processes into sustainable solutions.