Spondoo is a team of licensed accountants, bookkeepers and tax advisors that specialise in supporting the pub and hospitality sector. With nearly a decade of experience supporting pub & bar tenants, freeholders, leaseholders, breweries and even importers/exporters.
Why Choose Spondoo?
Our extensive experience equips us a comprehensive understanding of the intricate financial landscape within the hospitality and beverage industries.
Through the years, we have honed and perfected a range of tried-and-tested systems and processes to address specific accounting challenges unique to this sector.
Here are some of the crucial areas where we excel:
Our tailored expertise encompasses various aspects of accounting, including but not limited to:
- Select Card Processing & POS Systems: we streamline your financial processes by seamlessly integrating card processing and Point of Sale (POS) systems with leading accounting software platforms such as Xero, QuickBooks, ZohoBooks, Sage, NetSuite and Kashflow.
- Effective Cash Management and Fraud Detection: Managing cash takings is essential for pubs and bars, and we have established processes to ensure accurate handling while also implementing fraud detection measures to safeguard your assets.
- Accounting for Tips and Gratuities: Handling tips and gratuities in compliance with tax regulations can be complex. Spondoo provides comprehensive solutions to account for these earnings efficiently and legally.
- Service Charge & TRONC Administration: We offer expert guidance, advice and administrative support for Service Charge and TRONC (tronc reschemes of non-cash tips) matters, guaranteeing employee contentment and customer satisfaction.
- Menu Pricing Strategy: Collaboratively, we can develop effective menu pricing strategies that maximize profitability while remainging competitive in the market.
- Stock Management Processes: Proper management of inventory is vital for cost control and customer satisfaction. Our tailored stock-taking and management processes are designed to optimize this crucial aspect of your business.
If you are a pub owner in need of specialized accounting services, please do not hesitate to reach out to us. Contact us today, and together, we can raise a toast to your prosperity! 🍻