News
Chris Macksey
COULD “THE MENU’S” RESTAURANT “HAWTHORN” ...

Amidst all the mayhem of “The Menu”, I found myself wondering that exact question. How on earth could a restaurant with five tables on a private island actually be financially feasible?

COULD “THE MENU’S” RESTAURANT “HAWTHORN” ACTUALLY EXIST?
Guide
Chris Macksey
What is Paid Sick Leave, Expanded Family & ...

President Trump signed into law the Families First Coronavirus Response Act requiring companies to provide both limited paid sick leave and expanded family leave to employees impacted by the COVID-19 outbreak effective April 1st. We're joined by Gaye Weinberger of Organization Ink as we touch on Unemployment, Sick and Paid leave and how it all works.

What is Paid Sick Leave, Expanded Family & Medical Leave?
Guide
Chris Macksey
COVID-19: Paycheck Protection Program Rules

The CARES Act includes a loan program for keeping employees on the payroll during the COVID-19 epidemic. Here's how it works!

COVID-19: Paycheck Protection Program Rules
Guide
Chris Macksey
Connecting Your AMex to One Bank Feed in ...

You may have noticed in the last couple of weeks that AMex’s bank connection in Quickbooks Online switched to a multi-card setup, where each employee card gets its only account in the chart of accounts. This is great if you have two or three cards, but if you have half a dozen or more… well, it’s a real pain in the ass. Here’s how to fix it.

Connecting Your AMex to One Bank Feed in Quickbooks Online

ABCC Extends Posting to 120 Days

ABCC Extends Posting to 120 Days

The Alcoholic Beverage Control Commission has further extended posting to 120 days. This applies to liquor bills dated between January 18th, 2020 and April 15th, 2020.

,

PPP Loan Tracking Spreadsheet: Recording Your PPP Loan in Quickbooks

,
PPP Loan Tracking Spreadsheet: Recording Your PPP Loan in Quickbooks

Did you get your Paycheck Protection Program (PPP) Loan? Do you know how to account for it? Here’s our guide on recording the bookkeeping transactions.

PPP Loan Forgiveness Tracking Spreadsheet

PPP Loan Forgiveness Tracking Spreadsheet

So, you’re one of the lucky ones that got their hands on that sweet, sweet paycheck protection program moolah. Fantastic. Now, you need to figure out how to track all of this money, so you can maximize your forgiveness. We’re going to walk through one of three methods of keeping the books.

What is Paid Sick Leave, Expanded Family & Medical Leave?

What is Paid Sick Leave, Expanded Family & Medical Leave?

President Trump signed into law the Families First Coronavirus Response Act requiring companies to provide both limited paid sick leave and expanded family leave to employees impacted by the COVID-19 outbreak effective April 1st. We're joined by Gaye Weinberger of Organization Ink as we touch on Unemployment, Sick and Paid leave and how it all works.

COVID-19: Paycheck Protection Program Rules

COVID-19: Paycheck Protection Program Rules

The CARES Act includes a loan program for keeping employees on the payroll during the COVID-19 epidemic. Here's how it works!

Covid19 Resources for Restaurants & Unemployment Financing

Covid19 Resources for Restaurants & Unemployment Financing

A lot has changed over the week, and information is coming out at a staggering pace. Here is a collection of some of the best resources and most applicable information related to the hospitality industry.

COVID-19:ABCC EXTENDS POSTING TO 90 DAYS

You are reading it correctly, the evil empire known as the Alcoholic Beverages Control Commission has even pitched in a bit of relief by extending payment of invoices to 90 days. This adds 30 days to the original 60 day terms for liquor bills, adding much needed breathing room for restaurants. Make sure you go into your accounting software and change the terms!

A RESTAURANT’S FINANCIAL GUIDE TO SURVIVING COVID-19

A RESTAURANT’S FINANCIAL GUIDE TO SURVIVING COVID-19

Coronavirus disease 2019 (COVID-19) is a respiratory illness that can spread from person to person. This illness has a high mortality rate, and is easily transmitted. Governor Charlie Baker on Sunday night ordered all public and private schools across Massachusetts to close for three weeks, and, beginning Tuesday, has limited all restaurants to only takeout and/or delivery. The motivation here is to create “social distancing” that will help flatten the curve of the exponential growth of COVID-19 cases.

Preparing for W-2’s

Preparing for W-2’s

The end of the year is quickly approaching, and before you know it the holidays will be upon us. Once January is upon us, everyone you’ve employed throughout the previous year will be knocking at your door. Through this series, we hope to give you some ideas of the issues that arise through a lovable server named Brad and a moron bartender named Chad. 

Legal Definition of an Independent Contractor and an Employee

Legal Definition of an Independent Contractor and an Employee

All too frequently, companies try to pass off employees as independent contractors. Sure, it seems like it would be beneficial to put everyone on as an independent contractor - no benefits, no payroll taxes, none of the HR nightmares (what a dream, right?), but you’re seriously mistaken.

 

Looking for a Quote?

Every hospitality business is a little different. Some businesses have catering, retail, multiple locations, maybe even some skeletons in the closets. That’s fine! We’ve seen it all, but we need to know all this before we’re ready to give you a quote. We promise, it won’t take long, so: