Client: Investor pool, private equity

Real-estate Type: Franchise

Services: Bookkeeping, Back office



Franchise Bookkeeping


Danconia set up a bookkeeping system to support the business owners of 11 Dunkin Donuts Stores with approx. $9.5 million in yearly sales. We created a more efficient, accurate, and transparent system of record-keeping and financial reporting:

  • Seamlessly transferred all prior bookkeeping data from an outdated version of Peachtree to QuickBooks.
  • Integrated bookkeeping of all 11 stores into one Quickbooks file. This made it possible to automate creation of accurate consolidated financial statements.
  • Created new systems and processes to automate data extraction, thus saving the client time and money.
  • Discovered inaccuracies in P&L statements, and in response set up a system to properly allocate expenses to different stores.


We took over our clients’ bookkeeping in entirety, freeing them up to focus on their core business and expansion. Danconia receives all the bills on a weekly basis, schedules these bills for payment, and posts them to QuickBooks. Danconia also prepares monthly financial statements in a timely basis. The following is a view of our services in detail:

  • Accounts payable
  • Accounts receivable
  • Sales and use tax entries/returns
  • Vendor liason
  • Account transfers and loans
  • Banking
  • Maintenance of files
  • Cost accounting (profitability analysis)
  • Preparation of financial statements
  • Audit reporting
  • Special Projects