Chart of Accounts for QuickBooks – Restaurants (Mac)
June 24, 2014
|By Julia Shanks
QuickBooks is the industry standard accounting software. The Chart of Accounts lays out the structure of how you will input data; and more importantly how your Profit and Loss Statement and Balance Sheet will look.
We recommend that you organize your accounts into meaningful categories. The most common are:
- Cost of Goods Sold
- Direct Operating
- Payroll
- Repairs and Maintenance
- Occupancy
- General and Administrative
- Advertising and Promotion
Once you have your main categories you can create sub-accounts for things like cleaning supplies (under direct operating) or rent (under occupancy).
Our Chart of Accounts has all the the accounts that a restaurant will need, organized into major categories.
Need more help? We offer phone consultations with screen-share to coach you through the use of this template.