Tag Archives: restaurant

Create a list of accounts (essentially a chart of accounts) that your restaurant would have for accounting (and operating) purposes. The list should contain assets, liabilities, revenues, and expenses.

1. Decide on a restaurant that you have recently visited. My suggestion is to pick a locally owned restaurant; however, feel free to select any restaurant. 2. Think about your recent visit to the restaurant from step 1. 3. Think about the various accounts that the restaurant would have/need to operate and how they would […]

Identify if these services are commercial operations owned and operated by the hotel or an independent operation or franchises.

Typically customers who visit an up market al a cate restaurant or a chain hotel dining room have little knowledge how the property is organized. Your job is to visit a large hotel near you, perhaps you are already working in such a location. List the different types and styles of food and beverage service […]