Common Accounting Challenges in Restaurants & Cafes
Sound familiar? You're not alone. Here's what businesses in your industry struggle with.
Daily Sales Tracking Chaos
Restaurants process hundreds of daily transactions across cash, card, and delivery platforms. Consolidating everything is a nightmare without proper systems.
Food Cost Management
Ingredient costs fluctuate constantly. Without real-time tracking of inventory costs and COGS, profit margins slip without anyone noticing.
Tax Compliance Headaches
VAT on dine-in vs takeaway, service charges, withholding taxes on staff — restaurant tax obligations are complex and non-compliance is costly.
Cash Flow Pressure
Restaurants operate on thin margins. Supplier payments, rent, and payroll all compete for limited cash. Without cash flow visibility, you fly blind.
How OikikBooks Solves This
Purpose-built features that address the specific accounting needs of your industry.
Sales & Revenue Tracking
Record daily sales from all channels — counter, delivery, events. Create invoices and track receivables from corporate clients and event bookings.
- Sales invoicing with tax calculation
- Customer statement generation
- Revenue tracking by channel
- Accounts receivable aging
Inventory & Cost Control
Track ingredient purchases, monitor stock levels, and automatically calculate COGS. Know your food cost percentage in real-time.
- Item master with cost tracking
- Inventory adjustments & utilization
- COGS auto-posting to ledger
- Inventory valuation reports
Tax Management
Automated VAT/GST calculations on every transaction. Generate tax returns, track tax liabilities, and post settlement entries to your ledger.
- VAT/GST auto-calculation
- Tax return preparation
- WHT management
- Tax settlement posting