If any of these describe your week, you are not alone — and you do not have to keep doing it yourself.
Cash, card, and mobile payments — every day. If the till does not match the bank, you are guessing. And guessing compounds.
Milk, beans, cups, cleaning — weekly invoices from five suppliers. They need coding, not just paying. Otherwise your cost of goods is fiction.
Rosters change weekly. Casual loading, weekend penalties, and split shifts mean payroll is never the same twice.
Every item below is done by our team and reviewed by your CPA. You do not touch any of it.
Every day balances. Every supplier is coded. Every payslip is right. And you have a monthly margin number that tells the truth about your business.
“I used to spend every Sunday night on the books. Now I spend it with my family.”
— Coffee shop owner, Newtown
Fresh milk purchased as an ingredient is GST-free. However, the hot coffee you sell using that milk is subject to GST. Your bookkeeping needs to distinguish between GST-free purchases and GST-inclusive sales — otherwise your BAS will be wrong.
Industry benchmark for a coffee shop is 25–35% of revenue on cost of goods (beans, milk, food, packaging). If you are above 35%, pricing or waste is likely the issue. We track this monthly so you catch drift early.
Valuation typically uses a multiple of adjusted net profit or a multiple of weekly sales, depending on the market. Clean books, a transferable lease, and demonstrated margins are what buyers pay a premium for. We prepare all three.