Navrae provides a technology solution that was built and customized for the restaurant industry.
Our Clients Love The Personal Relationship We Develop
When you look to have someone take over your Restaurant Bookkeeping, you want to ensure that they have your best interest in mind.
We strive to develop a close relationship with our customers since we take over many of their tasks. We are in essence, an extension of their staff, and as such, we need to have a grasp on their typical transactions.
Because we work closely with their numbers, we usually know if a transaction looks unfamiliar or fraudulent.
How can we help?
Financial Accounting
With Navrae’s daily accounting transactions and 24/7 accessible reports, you can easily monitor the health of your business and provide valuable information for decision-makers.
Navrae’s financial accounting capabilities:
Financial Reconciliation
With financial reconciliation, never worry about missing a transaction again.
Navrae performs daily reconciliations with the following transactions:
We match up these entries on your general ledger and notify you if there is an irregularity.
Talk about a great way to catch double billing! That can save you a lot of cash throughout the year on time spent tracking down overages or shortages.
Line Item Invoicing
An add-on service, let Navrae show you more details on your spending to see precisely where your money is going and track it against previous purchases.
Getting control of your inventory is a great way to track and save money so that you can apply those funds towards upgrades, expansions, or whatever else you might need.
Budgeting
Establish budgets for dollars or statistics at an individual-restaurant per-day level with the ability to consolidate them for a company-wide view.
Navrae’s online portal allows you to create, view, and edit multiple Excel spreadsheets all at once to prepare your budgets.
Fixed Assets
Through the use of depreciation books, you have visibility of asset acquisitions, depreciation, write-downs, and disposals. For shared fixed assets, Navrae can process allocations of fixed asset transactions across multiple restaurants.
Track insurance coverage and annual insurance premiums for your fixed assets and quickly determine if your assets are under-insured or over-insured. Navrae also allows you to attach each asset to one or more insurance policies and index insurance amounts.
Record maintenance and service expenses for each fixed asset. Get the detailed information you need to analyze and make decisions about the renewal and disposal of fixed assets.
General Ledger
This service is an in-depth overview of your accounts. We utilize the National Restaurant Associations Chart of Accounts, which enables single unit entities and multi-unit entities to have the insight they need.
Search by invoice number, vendor, date, and other options to quickly find a document or expense.