Accounts Payable
Dealing with invoices, payments, statements, and vendors can be very time consuming tasks for restaurant owners and managers.
Your Bistro Accounting team handles all aspects of accounts payable so that you can focus on running your restaurant. You scan and send invoices to us and we handle the rest.
Invoice Approval & Scanning
Monday
As invoices arrive, you review and make adjustments as necessary for prices, breakage, or whatever reason. You scan and send the invoices to us via a dedicated email address or drop-and-drag from your computer directly to Bill.com.
Invoice Coding & Entry
Tuesday
Your Bistro Accounting team reviews and enters each invoice into Bill.com using the appropriate coding to recognize expenses or changes to balance sheet.
Vendor Payment List & Cash Position Report
Wednesday
Each week, you will receive a list of all outstanding invoices and a recommendation for the payments to be made. We reconcile your cash balance to give you confidence that payments can be processed without issue.
Vendor Payments
Thursday
Upon your approval, we arrange for the vendor payments via Bill.com.
Vendor Statement Reconciliations
Weekly and Monthly
We contact your vendors and receive statements to ensure that all short-payments and credits have been accounted for. We also request copies of skipped invoices for your approval.
Vendor Inquiries
Ongoing
We handle all vendor inquiries in order to free up your time.
