Mastering Nepali Fiscal Year (Shrawan to Ashad) Restaurant Accounting
A step-by-step guide for Nepali restaurant owners and accountants on managing fiscal year batches, expense tracking, and year-end closing without stress.
Managing Restaurant Accounting Across Bikram Sambat Fiscal Years
Unlike Western SaaS platforms designed for Gregorian calendar years (January to December), businesses in Nepal operate on the Bikram Sambat (B.S.) fiscal calendar, running from 1st Shrawan to mid-Ashad.
The Problem with Foreign Restaurant POS Systems
Most international POS software forces restaurant accountants to manually slice financial reports into custom date ranges to align with Bikram Sambat months like Baisakh, Jeth, Ashad, Shrawan. This leads to:
- Missing tax adjustments during year-end closing.
- Unreconciled vendor payouts for ingredient inventory.
- High costs for external accounting audits.
4 Rules for Clean Year-End Financial Closing
-
Batch All Transactions by BS Fiscal Year
Every order, customer bill, and vendor payout should automatically carry a fiscal tag (e.g.,FY 2081/82). -
Categorize Daily Operational Expenses
Track ingredient purchases, utility bills, staff wages, and rent in real time rather than logging them once a month. -
Audit Voided Bills & Staff Discounts Weekly
Prevent leakage by reviewing manager overrides and voided transactions before closing monthly books. -
Keep Historical Data Accessible
Retain at least 90 days of granular audit logs and 5+ years of archived fiscal summaries for IRD verification.
Centralized Multi-Branch Accounting with Sajilo Restaurant
With Sajilo Restaurant, multi-outlet owners can view real-time sales and expense performance across all branches while maintaining isolated fiscal ledgers for each location.