My Accounting Team offers an array of benefits to the Restaurant and Lodging industry who have never before had reasonable access to systems and resources that provide insights, security, controls and peace of mind. We lead the way by embracing the power of technology and coupling it with an unparalleled level of expertise.
Anywhere, Any Time, Any Device
The power of this is enormous. Allowing you to manage your company both effectively and efficiently. Manage vendors, pay contractors and stay focused on what you do best.
We have expertise in all areas of finance, accounting, bookkeeping and business strategy. Your financials have Controller level oversight and will be accompanied by a monthly CFO review that includes strategic planning.
Yes, you read this correct. We will set you up – migrate your data
and implement best practices and process improvements along
At My Accounting Team we slice and dice the data however clients want to see it. We provide customized dashboards tailored to your needs allowing you to see all your important metrics at a glance.
Our biggest advocates are CPAs. We make their life easy at Tax time and Audit time, by delivering detailed and accurate information. Less time on the CPA’s clock results in financial savings for you. We are GAAP compliant, and use the only AICPA (American Institute of Certified Public Accountants) endorsed accounting software available in the industry.
We provide you with the strictest controls available to minimize risk. Embezzlement and fraud are words that no one wants to speak, but it is an unfortunate reality. One in five small businesses are embezzled with an average loss of $100,000.
Every ORLA member has a cash cycle. Cash will rise just prior to paying major bills and fall just after. MAT adjusts for these cycles.
Revenue vs. same period last year
MAT will include several measures often used to assess business value
MAT develops a monthly budget for the year and updates that budget with actuals as each month rolls and integrates this with the client’s tax plan.
MAT will grade a business from one to five based on likely outcomes. Using an algorithm developed with bankers based on nine key factors, MAT assesses and updates the “bankability” of the restaurant or chain on a scale of one to five.