Now that you have a better understanding of the basics of restaurant accounting and what makes this industry’s financials unique, you can take steps toward ensuring your business’s accounting is in order. Above and beyond the success of your business, keeping up your bookkeeping and having accurate accounting is required by the IRS. If you ...
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People who drink red wine may be more prone to dehydration than those who don’t, as alcoholic drinks can increase the body’s need for fluids. Therefore, it is important to stay hydrated when drinking alcohol by having a glass of water between drinks and avoiding caffeine or carbonated beverages. While these reactions can be uncomfortable, […]
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In-house accounting gives companies greater control over financial processes, ensuring financial insights align with operations and strategic goals. An in-house team often has intimate knowledge of the company’s financial history, enhancing decision-making. However, maintaining an in-house team can be costly due to salaries, benefits, and ...
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The accounting area of emphasis takes at least three semesters beyond the Business Core to complete, and requires 18 semester hours of accounting courses beyond the core. Students should be aware of this requirement Cash Flow Statement when planning their course schedules. Early planning of course schedules is especially important for students ...
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