Experienced Hospitality Industry Accountants

Specialist Hospitality Accountants for Restaurant, Cafe, Bar and Hotel

In the hospitality and leisure industry, managing finances can be challenging and complex. Seasonal fluctuations, inventory costs, and payroll for a diverse team all require expert handling to ensure compliance and financial health. To truly thrive, hospitality businesses need more than just accounting – they need a trusted partner.

At MH Services, we offer affordable, specialized accounting for the hospitality sector. Whether you operate a cafe, bar, hotel, or restaurant, we understand your unique needs. As your trusted advisor and financial partner, we help you optimize cash flow, control expenses, & make strategic decisions to drive growth.

We Can Help Your Business Grow & Succeed
restaurant accountants
Dedicated Accountants With Monthly Or Annual Fees

Client Focused & Expert Hospitality Accounting

We Will Increase Your Cashflow

We improve cash flow by optimizing expenses and managing costs. Our experienced restaurant accountants will identify areas where financial efficiency can be enhanced, ensuring your business runs smoothly & profitably. 

Expertise in the Hospitality Industry

With tailored accounting for cafes, bars, hotels and restaurants, we simplify your finances and ensure compliance. We provide specialized insights that can lead to significant financial opportunities and solutions.

We Tackle Your Accountancy 

From bookkeeping to corporate finance, we provide bespoke accounting services. Let us handle the numbers so you can focus on delivering exceptional experiences to your guests. Reach out for tax advice and guidance.

Receive Impactful Advise That Will Save You Money

Supporting Hospitality Businesses with Expert Team

WE OFFER A FULL RANGE OF SERVICES TO MAXIMISE OPERATIONS

Review Our Hospitality Accountants

Accessible Bookkeeping & Accounting Services Online

FAQ - Challenges in the Hospitality Sector

A hospitality accountant specializes in managing the financial aspects of businesses within the hospitality sector, such as restaurants, hotels, cafes, and bars. They handle industry-specific needs like cash flow management, payroll, VAT compliance, and seasonal income fluctuations, providing insights that help optimize profitability and ensure compliance with HMRC regulations.

Accountants use various software tools to manage finances efficiently. In the UK, popular choices include QuickBooks, Xero and Sage, which offer features like payroll processing, VAT submissions, and real-time financial tracking. Many accountants also use specialized software to manage hospitality-specific needs, such as inventory tracking and revenue management.

Yes, many accountants offer bookkeeping services as part of their package, especially for small and medium-sized businesses. Bookkeeping involves recording daily financial transactions, tracking income and expenses, and maintaining accurate records. This forms the foundation for more advanced financial analysis, reporting, and tax filing.

For hospitality businesses, software like Xero and QuickBooks are popular due to their ease of use, flexibility, and integration options. These platforms support VAT submissions, inventory tracking, and payroll, making them ideal for the hospitality industry’s unique demands. Xero is particularly noted for its hospitality-specific add-ons, such as restaurant POS and booking system integrations.

A bookkeeper primarily records daily transactions, manages invoices, and tracks income and expenses, ensuring accurate financial records. An accountant, on the other hand, analyzes this information to provide strategic insights, prepare financial reports, file taxes, and ensure compliance. While bookkeepers focus on maintaining records, accountants offer broader financial guidance and planning.

Get in touch for support & hospitality accounting!​

Manchester

Imperial Court, 2 Exchange Quay, M5 3EB

London

25 Wilton Road, Victoria, SW1V 1LW

Email

mhservices@mail.com

Phone

+44 7969 625797

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