Restaurant Accounting Services

Excel Complete provides restaurant accounting services focused on food cost, labor, and financial reporting. As a CPA-led firm, we manage daily accounting operations and monthly reporting. As a tech-enabled company, we connect systems to improve visibility and support better decisions. Based in the Midwest, we support restaurants across the U.S.

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Allen Frantsen, CPA, Principal Consultant
Updated: 5/2/2026 - 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 are typically structured as a monthly retainer based on the number of your locations, sales volume, and the complexity of your POS, payroll, and reporting systems. This includes daily accounting operations, monthly close, food and labor cost tracking, and ongoing financial reporting.

Most single-location or small restaurant groups fall between $1,500 and $4,000 per month. Multi-location groups, or restaurants with more advanced reporting, inventory tracking, or system integrations (POS, payroll, accounting), typically range from $4,000 to $8,000+ per month.

For new clients, we offer a one-day on-site engagement for $1,200. We review your accounting, POS, and payroll workflows, reporting structure, and overall operations. At the end of the session, you receive a clear roadmap outlining improvements to food cost tracking, labor management, systems, and financial reporting.

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

Accurate financial reporting is critical for restaurant operators, especially across multiple locations. Many groups struggle with inconsistent reporting, disconnected systems, and financials that don’t reflect day-to-day operations. Differences in POS setup, payroll, and accounting structures often lead to unreliable data, limited visibility into performance, and poor cash flow management.

We standardize your reporting across locations by connecting POS, payroll, and accounting systems into a consistent structure. This includes aligning your chart of accounts, ensuring food cost and labor are captured correctly, and building clear, comparable reporting across stores. The result is reliable financials, stronger visibility into margins and cash flow, and the ability to make informed decisions across your entire operation.

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.

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.