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ACCOUNTING

RSI has been an industry leader in hospitality Bookkeeping and Accounting for over 40 years. We’ve always believed that education is the foundation for our relationship with our clients. Education drives the development of the restaurant accounting and management system we call Lester™.  However, as good as software and systems can be developed, it’s our team of industry-specific Accountants, Bank Reconciliation Specialists, Tax Specialists and Operations Trainers that are the reason our clients’ profits average 11% higher than the industry average.

 

Applicable Accounting Resources

 

Benefits and Services

Benefits and Services

LESTER™ HOSPITALITY SPECIFIC ACCOUNTING PLATFORM

Every financial report (P&L, balance sheet, statement of cash flow) tailored specifically for your restaurant. Budgetary performance, operational and financial reviews and detailed comparisons against industry metrics.

DIGITAL INVOICE RETENTION & SCANNING

Go completely paperless and maintain compliancy with federal and state document retention laws. All invoices are digitally scanned and uploaded into RSI’s Accounts Payable system! Through a combination of machine learning and service, all invoices will be PROPERLY CODED by both item and general ledger distribution. All invoices will be digitally stored and easily recalled for reprinting and verification.

SPEND MANAGEMENT SOLUTIONS

Proactively manage your Operations’ spending and cash management through our intuitive purchasing journal, item pricing notifications and daily sales, labor and key metric forecasting vs actual reporting. Inventory turnover alerts and menu engineering variance enables you to proactively manage waste and theft saving you thousands of dollars.

TRUST & VERIFICATION ACCOUNTABILITY SYSTEM

Software doesn’t care if you make a mistake and it certainly doesn’t provide you with the industry-specific education your team must utilize in order to understand WHY THE MISTAKE OCCURRED IN THE FIRST PLACE. RSI’s Operational Training and Education team focuses on your organization’s success by providing your team with the education backed by industry best practices and compliance standards providing a second set of eyes and piece of mind for you, your team and your organization.

GROWTH SOLUTIONS

We consistently have clients who are in the National Restaurant Associations Top Fastest Growing Groups and Breakout Brands. We believe that our contribution to their success is made possible through the implementation of our solutions and services allowing greater multi-unit visibility for Corporate Personnel. Examples include: Investor Relations Reviews, Strategic Growth Planning, Period-End Close Out and Auditing, 940 and 941 Tax Audit Support, Zero tolerance sales tax collection and verification between the POS system and the DOL, DOR and IRS.