Hospitality & Leisure Accountants
The food and drink market in Scotland is as important as it is diverse and requires specialist knowledge and expertise. Our team works with cafes, licensed restaurants, small pub chains. We have a clear understanding of the challenges in the marketplace and our services are honed to ensure you get the very best of them.
Key Features
Integrated accounting services
Access to FreeAgent software
Finance generation
Financial planning and strategy development
Tax planning
What You Can Expect
Fully integrated accounting
Your EPOS system, your bank transactions, your purchase invoices and your wages are all automatically fed into our system. Minimising the time you need to work on the books, and maximising the management information and insight.
The Xero Dashboard
Real time information at your fingertips. From your revenue, through your cash position to your vital KPIs are available to you - anytime anywhere.
Finance raising
Banks and other lenders are open for business again. They have funds available for the purchase of pubs and restaurants, as well as for renovation and expansion. We will work with your bank or we can put you in touch with one of our experienced and motivated lenders.
Strategic planning
if there’s one thing that’s a problem with the hospitality industry, it is it’s seasonality. If you do 50% of your trade in the three months of the year, it stands to reason that the other nine could prove challenging. We can help you steer a path through these challenges with financial projections, and planning tools to help smooth out the peaks and troughs.
Tax planning and advice
Of course you want to be tax efficient. This is our bread and butter. We’ll work with you to avoid any tax traps and to ensure tax is paid at the lowest possible rate.
From £399 per month
What Specialist Accountants Do
Let’s get straight to the point. As your business accountants, what do we bring to the table?
Well, we’re more than just some number-crunching, calculator-wielding group. We’re like your personal financial wizards, who make sure that all the books balance and the cash flows.
But if you’re working in the hospitality business, why would you need us? Let’s make it simple.
We’ve all heard the phrase, “You have to spend money to make money”. But is that really true? As much as we’d all love to believe it, unfortunately, that’s not what always happens.
In the hospitality industry, it can feel like there’s an unending list of different costs to consider. Stock, staff, rent, energy - there’s simply too much for one person to keep track of.
But that’s where we come in!
As your hospitality business accountants, we are here to figure out what your expenses are and where you can save a penny or two. We oversee your EPOS system, bank transactions, purchase invoices, wages and more to maximise your profit. Whether you need to connect with lenders or plan how to boost business during the off-season, we’re here to take care of it all.
Moreover, with our award-winning FreeAgent software in your hands, you’ll be able to stay on top of everything we do for you.
We’re like a good cup of coffee. Although we seem like a luxury, once you have us, you’ll wonder how you ever lived without us!
Contact us to talk about how we can work with your business!
Accounting for Pubs
Is your pub full of people ordering drinks left and right, leaving you no time to catch a breather and look at the finances? That’s where we come in.
As your specialist pub accountants, we offer a range of services like pub accounting, bookkeeping for pubs and more. We’ll keep track of all the numbers - your income, expenses and wages - whilst you make sure that your kegs are fully stocked.
We’ll also make sure that your pub isn't missing any tax payments and that all the tax forms are filled out correctly. And let's face it, with all the different types of alcohol and taxes associated with them, it can get pretty confusing!
Give us a call so your pub finances keep flowing, just like your beer taps!
Accounting for Hotels and Restaurants
When it comes to hotel and restaurant accounting, you need someone to keep track of revenue, expenses and profits.
That’s exactly what we at Acumenica assist you with. We take care of budgeting and forecasting so that your managers can plan for the future and avoid any nasty surprises.
Besides that, we also make sure that your hotel or restaurant stays compliant with all the tax laws, so you can focus on perfecting your next grand move.
Contact us to find out how we can assist your business!
Accounting for Coffee Shops
Whilst millions of customers use coffee shops as a place to relax, running one is anything but! But as your coffee shop accounting partners, we’re here to ensure that the numbers add up and the profits keep flowing, while you focus on the important stuff.
We keep track of revenue, expenses, profits and losses along with tax planning and compliance. We take all the stress off your hands so you can focus on ensuring that you don’t run out of coffee beans! We’ll also help with budgeting and forecasting, whether you want to branch out or expand the menu.
Contact us now!
Accounting for Gyms
Gyms - the one place where people go to sweat out their stress. But who’s there to make sure the financial side of things stays in shape? We are.
When it comes to accounting for gyms, we keep track of your income and expenses, so you don’t have to. We’ll keep a track of whether all the monthly memberships are paid and that equipment repairs don't break the bank.
Along with that, we also take care of your gym’s bookkeeping and help with tax planning and compliance, so that you don’t miss out on any tax payments. You know what they say, no pain no gain, but we make sure you only pay your fair share!
Contact us to learn more!
Why Choose Acumenica?
Are you tired of juggling spreadsheets and handling financial headaches? Then look no further than Acumenica - your personal financial superhero team!
We swoop in and save the day with our superhuman knowledge of accounting and tax laws. We'll help you save money, avoid costly mistakes and plan for your business’s future.
If you are a business in the hospitality industry, choose us to make your financial journey as smooth and enjoyable as a warm bubble bath at the end of a long day.
Contact us now to get started on your amazing journey to financial excellence!