(720) 333-7274 • Mon–Thu 8–4, Fri 8–12 MT · Castle Rock, CO
Catering & Event Food specialty

Catering accounting that handles deposits and event payroll.

Customer deposits as deferred revenue, event-day payroll, food cost per event, and the recurring corporate-account math that drives steady cash.

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Catering revenue arrives in two unrelated streams: deposits collected weeks or months ahead of an event, and balances paid after. The accounting has to recognize revenue at the event, not at deposit collection — otherwise your busy quarters look unrealistically profitable and your event-week cash position looks worse than it is.

We work with full-service caterers, drop-off catering specialists, and corporate-account-focused operators.

What we handle

  • Deferred revenue accounting on event deposits.
  • Event-day payroll with overtime and gratuity handling.
  • Food cost per event as a margin reporting line.
  • Corporate-account A/R — net-30 invoicing for recurring corporate clients.
  • Equipment depreciation on chafers, vans, prep equipment.
Field note: deposit revenue

A wedding-focused catering company collected $180K in May/June deposits for fall weddings. They booked it all as Q2 revenue. Their P&L said they were extraordinarily profitable. The actual food and labor cost hit Q3/Q4. Deferred revenue accounting flattened the picture and made the actual margin visible.

If / Then

If you take deposits, deferred revenue is required.
If you serve corporate accounts, A/R aging matters.
If you scale past 2 trucks, event-level margin reporting tells you which event types fund the company.

The Bottom Line

Real revenue per event, real margin per category.

From $500/month.

Frequently asked questions

When do I recognize deposits?

At the event. Held deposits sit on the balance sheet as a liability until earned.

Tip handling?

Service charges and tips run through payroll with proper FICA treatment.

Software?

Better Cater, CaterZen, Curate. Sync to QuickBooks.

Sales tax?

Prepared food and service generally taxable in CO; rules differ by city.

Reviewed by

Kali Gilliland · Founder & Lead Accountant

Kali Gilliland is the founder of TBA & Associates and has spent more than a decade serving small businesses across the Denver metro and Colorado Springs corridor. She handles everything from monthly bookkeeping to multi-state tax planning, with a long-term client roster that goes back 10+ years.

Ready for an accountant who picks up the phone?

Get a quote in under 24 hours. No long contracts, no jargon — just clean books and honest tax planning from a Denver-area firm trusted by small businesses for more than a decade.