Many foreigners have been successfully running their restaurant businesses in Poland for a long time, including clients of Progress Holding. As a result, our company has 20 years’ experience in providing accounting services in this sector. Accounting in the HoReCa industry is considered one of the most complex, as it involves not only managing the production of prepared dishes but also trade, customer service, and organizing entertainment and leisure for visitors. Progress Holding offers its clients a full range of services, not just basic accounting in Poland.
Key aspects of accounting in the restaurant company in Poland include:
- Coordination of document workflow models and deadlines for document submission. Integration of restaurant management software with accounting software.
- High volume and variety of transactions, including sales, purchases, payments to suppliers, and payroll.
- Use of multiple accounting systems, necessary for inventory tracking and cost calculation.
- Payroll and personnel management, dealing with staff numbers and turnover.
- Work permits for foreigners, as the restaurant industry often employs many foreign workers.
- Compliance with regulatory requirements regarding taxation and food hygiene. Different VAT rates apply to different restaurant products.
- Consideration of seasonality and fluctuations in demand.
Progress Holding’s account service for restaurant company in Poland include:
- Bookkeeping of all accounting documents, payroll, and personnel records, including maintaining employee files.
- Assignment of a personal supervisor and accountant who will fully manage your company’s affairs in Poland.
- Preparation and submission of reports and tax declarations, including VAT, corporate income tax (CIT-8), payroll taxes, and the annual financial report.
- Payroll calculation and social security contributions for employees. We manage medical check certificates, occupational health and safety compliance, employee records, and SANEPID (hygiene) books.
- Assistance in obtaining work permits for foreign employees in Poland, as well as help with securing all necessary permits for hiring foreign nationals.
- Consulting on accounting and taxation, ensuring timely compliance with all tax obligations.
- Assistance in selecting comprehensive accounting software specifically designed for restaurants in Poland and other hospitality businesses.
- Support in working with banks, including assistance in obtaining loans and other financial services.
- Writing off rotten inventory as a loss.
- Assistance in obtaining a license for the sale of alcoholic beverages.
- Support in resolving various administrative matters at all stages of business operations and audit-related issues.
Electronic document flow in restaurant company in Poland
Progress Holding understands the unique needs of the restaurant business in Poland and works closely with its clients to ensure the accuracy and timeliness of accounting records. We utilize modern software and technology to optimize processes and minimize errors, ensuring smooth and efficient operations.