Case studies
Illustrative: a restaurant group consolidating several locations
Illustrative exampleWorking paperIllustrative example
- Challenge
- A small restaurant group operating several locations under separate legal entities was closing each location's books on its own schedule, in its own file, with no consistent chart of accounts. The owner could not see a single consolidated view of food cost, labor cost, or cash position across the group without manually combining spreadsheets each month.
- Approach
- Standardize a single chart of accounts across every entity, connect each location's point-of-sale system and bank feeds to its own file, close each location on the same calendar, and roll the results up into one consolidated monthly report set.
- Outcome
- The deliverable in an engagement like this is a standardized chart of accounts used across every location, monthly consolidated financial statements alongside each location's own results, and a management reporting package that shows food cost and labor cost trends location by location.
This is an illustrative example based on a common engagement type. It does not describe a real client, and no results are claimed.
Next step
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