An 18+ year-old finance and accounting outsourcing company providing skilled and experienced accountants at economical rates. High expertise in QuickBooks, NetSuite, Sage 300, Microsoft Dynamics and Oracle packages. Our services have been used by 300+ businesses including restaurants and hospitality firms in California, New York, Texas, Florida, Colorado, Kansas, Washington and Canada among others.
01
Cost Efficient
Realize cost reductions of 40-60% on your existing staffing costs
02
Faster Turnaround of Work
OHI team works in US/Canadian night time. Overlap options also available
Optimize Staffing
03
We can work in part-time, full-time or on project basis
Focus on running the business rather managing books
04
Focus on Core Business
Our Services
Accounts Payable
Entry of invoices, processing bill payments, vendor reconciliations and accounts payable aging reports
Utilities Processing
On-time Processing of utilities bills, review and reporting of utility charges to restaurants
General Ledger Maintenance
Maintain journal entries for recognizing COGs, prepaids, accruals and others, maintaining month end closing schedules and entries, monthly review of select balance sheet accounts
Accounts Receivable
Record sales figures from POS system into accounting system, booking of cash and credit card customer payments, cash forecasting and aging reports
Reconciliation
Bank, credit cards, gift card/certificate reconciliations
Payroll
Process weekly/bi-weekly payroll, payroll taxes calculation, payroll reports and standard tip reporting
Inventory
Periodic physical inventory to books, inventory reconciliation, tracking of inventory losses and inventory control
Financial Reporting
Balance sheet, income statement, cash flow statement, sales and margin trends, inventory reporting and monthly financial analysis of income statements and expense reports
Sales Reporting
Detailed daily, weekly and monthly sales reporting covering major revenue sources, sales mix and sales by location/branch reporting
Management Dashboards
User Friendly dashboards such as sales dashboards, financial dashboards
Fixed Assets and Capital Accounting Services
Maintaining depreciation schedules and fixed asset tracking
Administrative Tasks
Document management, archive weekly restaurant accounting documents, tracking and renewal of licenses and permits
Tax Return Tasks
Sales tax, occupancy tax, use tax and commercial activity tax reconciliation and payment
Other Tasks
Set-up of accounting system, back-log accounting and clean-up of incorrect books
Software Expertise
We have high expertise across multiple hospitality and restaurant accounting software used in USA. Our team can get trained in a custom ERP/software or any other software with minimal learning curve due to our experience working in multiple national/international accounting packages.
Custom packages of 25, 50 and 80 hours per month are available
HOURLY CHARGES
$12
*Onwards
$1800
JUNIOR ACCOUNTANT
$2400
STAFF ACCOUNTANT
Entry of invoices, bills
Bank and credit card reconciliation
Simple management reports
Turnaround time: 3-5 business days
Full-time staffing (160 hours per month)
Accounts payable processing
Bank and credit card reconciliation
Sales reporting and analysis
Turnaround time: 1 business day
*Onwards
Full-time staffing (160 hours per month)
All junior accountant activities plus
Month end closing
Financial reporting and analysis
Turnaround time: 1 business day
Pricing
The indicative standard charges for junior and senior accountant roles are listed below.
Note
Learn more about our accounting outsourcing services.
About Us
300+
clients
300+
employees
A chain of luxury retail boutiques at five star hotels and resorts around the world. Over 58 stores across the USA, Europe, Caribbean, South America, Middle East and South Pacific
An exclusive, #1 reseller of Cosmedix products in Ireland & the UK. The firm also maintains an online store and had significant online presence across UK
A fast growing mid size retail chain based in Toronto, Canada. This chain has about 15 franchisees across Canada.
A luxury resort wear store for signature silhouettes, a feminine aesthetic and distinctive designer beachwear.
Real Customers, Real Satisfaction!
A private equity firm investing in successful online speciality retailers
We also prepare monthly accounts/books for many hospitality/restaurant clients of our CPA clients.
A niche and fast growing retail consultancy company based in Ohio, USA providing data warehousing, business intelligence and analytics services to restaurants and retail stores.
A mid sized rapidly growing furniture distribution and retailing company based out of Idaho in USA, supplying a large retail companies like Home Depot as well as retail customers.
Learn More About our Hospitality and Restaurant Accounting Services
Useful Links
Services
Other Services
Contact Us
US Office
244 Fifth Avenue, Suite P228, New York, NY 10001, USA
IND Office
E 46/8, Okhla Phase II, New Delhi -110020, India
+1 (646) 367-8976
Useful Links
Services
Industries
Other Services
Contact Us
US Office
244 Fifth Avenue, Suite P228, New York, NY 10001, USA
453 S Spring Street Ste 400 PMB1245 Los Angeles, CA 90013
IND Office
E 46/8, Okhla Phase II, New Delhi -110020, India
+1 (646) 367-8976
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