Restaurant accounting terminology to busy restaurant owners is akin to a Doctor’s vocabulary to the average Joe. Not everyone speaks the language. However, understanding it is paramount to manage your money when it comes to your business lifeline – your accountant. How are operators supposed to know which are the most important, and where they apply? Unless you’re an accounting or finance major, you most likely know only a few, if any of these terms. As hospitality-specific accounting experts, we’ve rounded up the 9 most important terms that all restaurant operators should know.
Watch the full Video: https://www.youtube.com/watch?v=8tHflcBzsHs
Read the full Blog Post: https://rasiusa.com/blog/top-9-restaurant-accounting-terms-you-need-to-know/
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