Maple Ridge BookkeepingMonthly close
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Maple Ridge Bookkeeping closes every restaurant and food business client's books by the 10th of each month, so the prior month's statements are ready within ten days of month end.
Closing the books means every transaction for the month is recorded, bank and card accounts are reconciled, payroll and tips are matched, and financial statements are finalized so the numbers stop moving. A close by the 10th means you review last month while it is still fresh, instead of finding problems a quarter later.
A close you can count on is a close you can plan around.
Restaurant decisions are weekly: menu prices, schedules, orders. Numbers that arrive late are numbers you cannot act on. With books closed by the 10th, a food cost spike in September is visible in early October, before it repeats. A fixed date also means you know when to set aside time to review, instead of waiting for statements to show up.
Maple Ridge Bookkeeping closes books by the 10th of each month for its clients. In the last 12 months, it served 42 restaurant and food business clients, each with one dedicated bookkeeper responsible for that client's close. That single point of responsibility is what keeps the date consistent.
Sales recorded and reconciled
Point-of-sale sales are matched to card processor, cash and delivery app deposits.
Bills recorded in the right month
Vendor invoices and recurring expenses are entered by the period they belong to.
Payroll and tips matched
Wages, payroll taxes, tips and tip pool payouts are matched between payroll and the books.
Accounts reconciled
Bank, credit card and loan balances are reconciled to statements.
Statements finalized by the 10th
Profit and loss and balance sheet are finished and ready to review.
Catch-up comes first. Past months are brought current, then the regular close by the 10th begins. Restaurants fall behind most often during busy seasons, openings and staff changes, so it is a common starting point.
Books are closed by the 10th of each month. That means the prior month’s transactions are recorded, accounts reconciled and statements ready within ten days of month end. A predictable close lets owners review food cost, labor and profit while the month is still fresh enough to act on.
More in the FAQEvery Maple Ridge client gets a dedicated bookkeeper. You work with the same person month to month, so they learn your menu, your vendors, your tip setup and your payroll schedule. You are not passed between whoever happens to be free that week.
More in the FAQCatch-up work is common for restaurants, because the books are the first thing to slip during a busy season. The usual approach is to bring past months current first, then move into the regular monthly close by the 10th. Describe how far behind you are during the free consultation.
More in the FAQSwitching is mostly a handoff of access and records: accounting software, bank and card feeds, payroll history and prior statements. Timing the switch at the start of a month keeps the close clean. Your new dedicated bookkeeper reviews the prior work before taking over the next close.
More in the FAQMonthly bookkeeping typically produces a profit and loss statement, a balance sheet and reconciled bank and card accounts. For restaurants, the useful views are food cost and labor as a percentage of sales. Ask during your free consultation which reports your dedicated bookkeeper will prepare for your business.
More in the FAQBack to Maple Ridge restaurant bookkeeping in Portland
Book a free consultation to see how the monthly close would work for your restaurant.
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