Comprehensive Hospitality Solutions provides Accounting, Tax, Bookkeeping and Advisory services specifically to businesses in the Hospitality Industry. We offer a complete back office solution with a nationwide reach.
We become your accounting and finance staff at a fraction of the cost. Located in Melville, NY, we serve customers nationwide in the food, beverage, lodging and entertainment business. We have partnered with leading firms including PlateIQ, XtraChef, Restaurant365, Compeat, Dining Alliance, Premier Payroll Solutions, and other Hospitality dedicated service providers. We utilize the latest technology and our extensive network to drive the growth and profitability of our clients. We strive to turn the accounting function into a profit center. We do this by finding ways to increase sales, reduce expenses, maximize productivity and provide reporting and analysis that enables owners to better understand their business. All of our staff has at least 5 years of hospitality experience. When you join us you are assigned a team with a minimum combined total of 30 years of accounting experience with at least half of that in the hospitality industry.
Compete end to end tax services – every tax requirement.
Extensive network within the hospitality industry provides you with access to additional options for sources of product and services.
We handle vendor issues.
Full budgeting and standardized financial reporting.
Monthly call with a senior person to review financial results.
Full support through worker’s compensation, sales tax and IRS audits.
Weekly flash reporting – Every week a report is generated showing your company’s most important metrics allowing you respond immediately, not after the fact.
Cash flow management – We project your upcoming cash requirements and assist in the selection of what can be paid to avoid any cash crisis.
We file permits and registrations, renew insurances and look for competitive pricing.
Monthly statement review – we find your missing invoices and ensure all payments are up to date.
We review purchases and all expenses to ascertain if better pricing can be obtained.
Automatic enrollment in discount and rebate programs.
Services
Banking
Banking services for hospitality businesses.
Payroll Services
Payroll services tailored for hotels and restaurants.
Weekly, Monthly and Annual Financial Reporting
Comprehensive financial reporting services for hospitality clients.
Sales Process
Optimized sales processes for hospitality businesses.
Accounts Payable
Efficient accounts payable management for hotels and restaurants.
Cash Flow Management
Cash flow management to ensure financial stability.
Reviews
Rating
5
★★★★★
Reviews
7
"He is professional and trustworthy."
Frequently Asked Questions
How can technology help with financial reporting in hotels? +
Technology like QuickBooks and POS systems streamline reporting, automate calculations, and provide real-time insights.
What is the role of restaurant financial reporting in a hotel? +
Restaurant financial reporting helps track food costs, labor expenses, and profitability, ensuring the efficient operation of F&B services.