Accounting Services for Restaurants and Hospitality Groups
From prime cost tracking to payroll and location-level reporting, we help you run a more profitable operation without drowning in the back office.
Margins are tight in food service. Between food costs, labor schedules, seasonal swings, and vendor terms, most restaurant owners feel like they’re always reacting, never ahead.
At Vistance Accounting, we help independent restaurants, franchise locations and multi-location hospitality groups take control of their numbers. We build accounting systems that reflect how your business actually operates, from front of house to back of house, and help you track performance across every location, service model, and staffing level.
“We’re busy, but the margins don’t make sense.”
You’re full on weekends. Sales are up. But somehow, your bank balance still feels tight and payroll always creeps up faster than expected. It’s frustrating and common.
We help restaurant owners and operators break out of that cycle by making prime costs, overhead, and cash flow visible in real time. With clean books and clear reporting, you’ll finally be able to manage the business instead of reacting to it.
What Restaurant and Hospitality Business Needs Our Accounting Services?
We work with owner-operators, franchisees, and multi-unit hospitality groups that need more than basic bookkeeping. If you’re growing, opening new locations, or simply want better visibility on margins, you’re in the right place.
Our clients typically generate $500K to $10M or more in annual sales and have outgrown DIY accounting tools. They want a partner who knows the industry and can keep pace with their operations.
What You Get with Our Restaurant & Hospitality Accounting Services
Vistance gives you a financial setup tailored to the restaurant and hospitality industry. We know how to handle tip-outs, food inventory, multi-entity groups, and vendor-heavy operations. We deliver clean monthly reports and practical insight so you can spot issues early and make smarter decisions.
You’ll get:
- Prime cost tracking, including food, beverage, and labor
- Payroll setup and processing with CRA compliance
- Multi-location, franchise and department reporting
- Vendor payment tracking and reconciliations
- HST and GST remittance and tax filings
- Budgeting, forecasting, and financial strategy
Whether you run one busy kitchen or a growing group of venues, we bring structure to your books and clarity to your numbers.
Why Restaurant Owners Trust Vistance
We’ve built our systems to work for the service industry, not just tax season.
We track prime costs clearly.
We help you stay on top of food, beverage, and labor expenses so you can protect your margins.
We manage payroll and tips with ease.
We handle hourly staff, salaried employees, and CRA reporting with no stress.
We support location-level visibility.
You’ll know which stores are performing and where costs are creeping up.
We speak in plain language.
We give you reports that are easy to understand and act on, without the accounting jargon.
We help you plan ahead.
From seasonal cash flow to expansion budgeting, we help you make proactive decisions.
We make compliance easy.
From HST to T4s, we handle the back end so you can stay focused on service.
Let’s Talk
If you’re tired of spreadsheets, manual reconciliations, or late-night number crunching, let’s talk. We’ll look at your current setup, walk you through how we work, and show you how better financial systems can help your restaurant thrive.
Frequently Asked Questions
Have more questions? Here are some frequently asked questions restaurant owners ask us.
Can you track food and labor costs separately?
Yes. We set up your accounting system to track prime costs so you can monitor your most important margin drivers.
Do you handle multi-location reporting?
Absolutely. We give you location-level breakdowns and rollup reporting so you can see both the big picture and the details.
Can you manage payroll and tip distribution?
Yes. We process payroll, ensure CRA compliance, and can help you structure your tip-out process correctly.
Do you file HST, GST, and corporate tax?
We do. We handle all tax filings, remittances, and year-end returns for hospitality businesses.
Our books are behind or disorganized. Can you help?
Definitely. Many of our clients start with cleanup work, and we’ll get your books current and structured going forward.
How do we get started?
Book a consultation. We’ll assess your current setup, identify gaps, and outline a plan to bring clarity and control to your financials.
