Sales Purchases Stock Prices Cost changes Incorrect stocktake Product sales mix Efficient purchasing Shrinkage/pilferage
|
|
- Madlyn Fitzgerald
- 7 years ago
- Views:
Transcription
1 Bar A club s bar is a main source of income and needs to generate profit. It does carry big responsibilities and needs to be well run to ensure maximum benefit to members. Principal Responsibility The principal responsibility for the bar at the club sits with the Bar Manager. Risk Areas Profit/Pricing Licensing Bar Manager Patron behaviour Bar stock Hospitality Staffing Hygiene Profit/Pricing It is important to remember profitability (gross profit or GP) is based on pricing. Small percentage changes in GP can result in large swings in Net Profit. Clubs need to understand what may influence the results. Three main components which may be influenced are: Sales Purchases Stock Prices Cost changes Incorrect stocktake Product sales mix Efficient purchasing Shrinkage/pilferage Sales incorrectly recorded Sales volume Level of discount Wastage Purchase incorrectly recorded Clubs should be profit driven, not volume driven. You therefore need to recognise the impact on sales revenue of discounted pricing. Work out a profit margin that is acceptable to your committee (industry standards for a rugby club would be around 50-55%). Communicate to club members that all profits sustained through bar takings are in the end used to maintain and improve club facilities.
2 Licensing At the commencement of each year licenses should be checked (and any law changes considered) to ensure the correct licenses are in place for the forthcoming season. Consideration should be given to any temporary licenses, changes of licensed times etc, which may be required for differing events and a timeline drawn for when they should be obtained. Bar Manager A bar manager must be appointed. The bar manager should have input into who the bar staff will be. Patron Behaviour A minimum standard of behaviour and/or dress for bar patrons should be set and staff are responsible for ensuring this is maintained. Bar Stock Bar stock must be kept secure. Spirits may only be served from the overhead pourers. Bar purchases will normally only be bought once per week with inwards stock being physically checked on receipt against the delivery dockets. The delivery dockets will be initialled for goods received and placed in the Bar Book for the person completing the Bar Assessment and then passed to the Treasurer for checking against invoices and payments. Hospitality Any hospitality will be recorded in the Bar Book for the appropriate day, showing the normal selling price of the product. Hospitality is not rung up on the cash register. It is essential bar staff know to complete the hospitality record as it is needed for the Bar Assessment. All drinks given and not paid for must be included in hospitality and must be appropriately authorised. Staffing Staff must be kept informed of all ground rules in relation to their duties. Some clubs pay staff with alcohol rather than wages it is advisable to review this and consider wages. If not, a clear guideline must be set as to allowances and all complimentary drinks should be recorded.
3 Matters to consider: Are responsibilities clearly defined and understood? Is there a proper segregation of duties? Do staff understand the level of customer service required? Is rostering structured? Are staff levels appropriate for the various peaks? Hygiene The quality of the product being offered is a critical factor in being able to charge at retail price points that are comparable to other licensed outlets. Factors to consider are: Glassware: Beer lines: Tanks: Bar area: Only one type of glass for each category. If possible used glasses should be exchanged for clean when the patron returns to the bar for a fresh drink. Glasses should be put through cleaning solution at least fortnightly. Regular checks to confirm dishwasher is working effectively and has plenty of cleaning liquid in supply bottle. These should be cleaned on a fortnightly basis. Your local New Zealand Brewery sales executive can recommend a beer systems technician to provide this service or help to set up your own CIP system. If your club has tank beer these must be cleaned thoroughly before each fill. Once again, your local New Zealand Brewery sales executive can help to set up your own CIP system. It should take less than seven days to empty a tank. If it takes longer then you may want to consider a switch to keg beer. While many sports clubs do not have modern facilities it is important that the first point of contact for patrons is presented in the best possible light. The area should be free of spillage and grime, cleared of unused glassware and serviced by well presented bar staff. The bar area should be patrolled for dirty glassware and table cleaning on a regular basis. Running Your Bar: A Few Handy Tips Appoint a bar manager, responsible for the overall running of the bar. Limit the number of people who enter the behind-the-bar area. Have a set mark up rate, eg 33%. You may need to vary the rate for different products eg keg beer, packaged beer, spirits, chips. Don t hold too much stock behind the bar. If you have a function on a Saturday, buy in the alcohol on Friday or Saturday morning and return what is not sold. This makes calculating and paying for the alcohol a lot easier.
4 Have all the chillers and the bar area lockable. Many people/volunteers believe that their alcohol should be free. One crate of unpaid beer going out each week equates to about $1,500 a year that the club will be in debt to. Have all bar keys coded as security keys for which anyone will need to have approval from the club to have duplicates cut. Note in the bar book all freebies and costs into bar assessments so you know how much you are giving away. Ensure you are buying supplies at the best price. Seek special prices and regularly check invoices to be sure you are being charged the best prices negotiated. Stocktake Bar Assessments To detect stock or cash shrinkage: Bar Assessments should be completed regularly. These will be completed by someone independent of the bar manager and bar staff, responsible to the Treasurer. A Bar Assessment sheet is to be completed. A template follows this section. For each bar, closing stock from the previous week is brought forward onto the new form. Stock into the bar from invoices or transfers from elsewhere (including complimentary product) is shown as additions and together these give the total stock available for sale. A physical stocktake of the bar stock is made and subtracted from the total stock available for sale. This shows the physical stock that has been used. The sum of this, multiplied by the selling price, less hospitality (taken from the bar book), gives the theoretical takings. Theoretical takings compared to cash banked provides a figure which enables you to assess whether shrinkage is occurring. Hospitality will be accumulated elsewhere for the season so you have a figure for annual accounting purposes. The Bar Assessment sheets should go to the Treasurer who will report on them to the Committee. Catering All food preparation needs to adhere to local council licensing rules and meet health regulations. You are required by law to serve food while the bar is operating.
5 Many clubs still operate on a total volunteer staff in the kitchen while other clubs sublease or contract the kitchen out to private businesses. It is still tradition in most clubs for the home and visiting teams to be fed after the game. This is usually done by a ticket system, where each team is given a certain number of tickets that allow them a free meal. This is also a good system to allow the Kitchen Manager to meet budget and manage preparation of food. Visit for more information. Download and tailor documents and templates for your club.
6 Bar Assessment Worksheet (Example) PERIOD COVERED FROM [date] STOCK OPENING INWARDS TOTAL CURRENT USED UNIT PRICE VALUE USED RED KEGS RED QUARTS RED CANS STEINLAGER KEGS STEINLAGER CANS MEDIUM WINE (LITRES) BLACKHEART RUM WHISKY GIN VODKA BRANDY BOURBON COCA COLA CANS COCA COLA SPRITE CANS SPRITE 1.5 LT TONIC WATER SODA WATER GINGER ALE ORANGE JUICE (LITRES) BAGS ICE CHIPS PEANUTS PIES TOTAL VALUE USED LESS HOSPITALITY ASSESSED SALES BAR BANKINGS TOTAL BANKED LESS ASSESSED SALES VARIANCE(favourable/under) NZRU CLUB BEST PRACTICE MANUAL UNIT 2: OFF-FIELD DAY TO DAY TEMPLATE
7 Bar Stocktake (Example) Product Stock Total Stock Cost Value STEINLAGER KEGS STEINLAGER CANS MEDIUM WINE (LITRES) BLACKHEART RUM WHISKY GIN VODKA BRANDY BOURBON COCA COLA CANS COCA COLA 1.5 LT SPRITE CANS SPRITE 1.5 LT TONIC WATER SODA WATER GINGER ALE ORANGE JUICE (LITRES) TOTAL NZRU CLUB BEST PRACTICE MANUAL UNIT 2: OFF-FIELD DAY TO DAY TEMPLATE
Menumate Stock Control 10 Steps to Total Stock Control
Menumate Stock Control 10 Steps to Total Stock Control Introduction Stock Control is an important part of any hospitality business. Industry statistics indicate a hospitality business with no stock control
More informationMerchandise Accounts. Chapter 7 - Unit 14
Merchandise Accounts Chapter 7 - Unit 14 Merchandising... Merchandising... There are many types of companies out there Merchandising... There are many types of companies out there Service company - sells
More informationBusiness Blueprint. Your Marketing, Development and Financial Plan
Business Blueprint Your Marketing, Development and Financial Plan 1 The key to your business success is planning This document will guide you through a structured process to produce a working document
More informationThe Alcoholic Beverage Menu continued
The Alcoholic Beverage Menu continued Menu Marketing and Management OH 5-1 Alcoholic Beverages Are Part of the Dining Experience Many customers enjoy an alcoholic beverage with their food. Food and alcoholic
More information101 Ways to Steal in the Restaurant and Bar
Methods Perpetrated by All Employees 101 Ways to Steal in the Restaurant and Bar 1. Employee doesn t ring up sale and keeps cash. 2. Short ring: Under-ring the correct price of item and pocket the difference.
More information2. Definitions Alcohol Alcohol Management Plan Alcohol-related harm - Amenity and good order of the locality Authorised customer Authorised visitor
MACKENZIE, TIMARU AND WAIMATE DISTRICT COUNCILS JOINT LOCAL ALCOHOL POLICY 1. Background This Local Alcohol Policy (LAP) has been developed jointly by the Mackenzie, Timaru and Waimate District Councils.
More informationSERVICE STANDARDS. 2006, Educational Institute
BEVERAGE SERVICE STANDARDS Army Catering & Club Operations BEVERAGE CONTROLS Controlling is the management process of comparing actual performance with established standards and, when necessary, taking
More informationCash budget Predict the movements of cash received and paid for over a period of time. Financial statements
Achievement Standard 90976 Demonstrate understanding of accounting concepts for small entities ACCOUNTING. Externally assessed 3 credits Accounting 90976 (Accounting.) involves the recognition, definition
More informationSmall changes can make a big difference in reducing your chances of having alcohol-related problems. Here are some strategies to try.
Small changes can make a big difference in reducing your chances of having alcohol-related problems. Here are some strategies to try. Check off some to try the first week, and add some others the next.
More informationEffective at Retail November 1, 2015
Prepared by LCBO Financial Planning & Analysis LCBO Pricing Examples Spirits Wine Page Whiskey 1 Brandy 2 Spirits 3 Spirits - Licensee 4 Low Alcohol Spirits 5 Table Wines 6 Table Wines at LCBO versus WRS
More informationYOUR BUSINESS PLAN.
YOUR BUSINESS PLAN Before completing this form, please ensure your version of Adobe Reader is up to date. To download the latest version for free, please click here APPLICANT: DATE COMPLETED: PUB: BUSINESS
More informationControl and sale of alcoholic beverages, for the year ending March 31, 2012 Released at 8:30 a.m. Eastern time in The Daily, Thursday, April 11, 2013
Control and sale of alcoholic beverages, for the year ending March 31, 2012 Released at 8:30 a.m. Eastern time in The Daily, Thursday, April 11, 2013 Beer and liquor stores and agencies sold $20.9 billion
More informationIn the double entry system value received is thought of as a debit, and value given is thought of as a credit.
In the double entry system value received is thought of as a debit, and value given is thought of as a credit. THIS IS THE BASIC RULE OF BOOKKEEPING AND IT IS NECESSARY FOR THE STUDENT TO LEARN AND REMEMBER
More informationAnnex D. To whom it may concern, I live in
Annex D 1 Sophie Black UK Food & Wine, 262 Brixton Hill licensing review Date: 04 August 2015 09:34:15 To whom it may concern, I live in I have lived here and for most if not all of that time, a group
More informationTHESE CAN LEAD TO BIG TROUBLE
THESE CAN LEAD TO BIG TROUBLE ILLEGAL GAMBLING TRAINER There may be a problem any time the house gets a piece of the proceeds. Consider having Lottery Commission rep. at a VP clinic. Contact local law
More informationGlossary of Accounting Terms Peter Baskerville
Glossary of Accounting Terms Peter Baskerville Account for or 'bring to account': An accounting phrase used to describe the recording of a financial transaction that is required under the generally accepted
More informationCoimisiún na Scrúduithe Stáit State Examinations Commission
Coimisiún na Scrúduithe Stáit State Examinations Commission S42 JUNIOR CERTIFICATE EXAMINATION, 2003 BUSINESS STUDIES - ORDINARY LEVEL SECTION B (300 Marks) WEDNESDAY, 11 JUNE 2003 - MORNING, 9.30 a.m.
More informationWELL-KNOWN FLAVORS THE MENU WINTER
EXCITING WELL-KNOWN FLAVORS CLASSICS THE MENU WINTER IT S FINALLY TIME TO ENJOY THE RIDE THROUGH WINTER WONDERLANDS AND EXPLORE OUR BEER SELECTION, SNACKS, SWEETS AND COCKTAILS AFTER ALL, TIS THE SEASON
More informationChapter 2: Financial Statements & Operations
Chapter 2: Financial Statements & Operations To analyze a liquor store s operations a close look must be taken at the day to day operations as well as examining the liquor store s financial history. Usually
More informationNAPCS Product List for NAICS 722: Food Services and Drinking Places
722 1 Meals and beverages, prepared and served or dispensed for immediate consumption Meals, snacks, other food items and beverages prepared and served or dispensed for immediate consumption (ready for
More informationControl and sale of alcoholic beverages, for the year ending March 31, 2013 Released at 8:30 a.m. Eastern time in The Daily, Thursday, April 10, 2014
Control and sale of alcoholic beverages, for the year ending March 31, 2013 Released at 8:30 a.m. Eastern time in The Daily, Thursday, April 10, 2014 Beer and liquor stores and agencies sold $21.4 billion
More informationIntroduction to Accounts
Introduction to Accounts Copyright statement Sage (UK) Limited, 2012. All rights reserved We have written this guide to help you to use the software it relates to. We hope it will be read by and helpful
More informationSO WHY HIRE A BAR CONSULTANT?
SO WHY HIRE A BAR CONSULTANT? I get asked this question a lot. So I felt the best way to answer is by sharing with my readers what I went through on my last consulting job a Mexican cuisine restaurant/bar
More informationCity of Omaha Restaurant and Drinking Places Occupational Privilege Tax
City of Omaha Restaurant and Drinking Places Occupational Privilege Tax The City of Omaha enacted an occupation tax on restaurants and drinking establishments effective October 1, 2010. The tax ordinance
More information6.3 PROFIT AND LOSS AND BALANCE SHEETS. Simple Financial Calculations. Analysing Performance - The Balance Sheet. Analysing Performance
63 COSTS AND COSTING 6 PROFIT AND LOSS AND BALANCE SHEETS Simple Financial Calculations Analysing Performance - The Balance Sheet Analysing Performance Analysing Financial Performance Profit And Loss Forecast
More informationThe Wine and Spirits Market in Asia-Pacific and Worldwide with Prospects Until 2017
The Wine and Spirits Market in Asia-Pacific and Worldwide with Prospects Until 2017 From the VINEXPO* market study For the 12 th consecutive year, VINEXPO the international wine and spirits exhibition
More informationFrequently Asked Questions Open Recruitment for Retail Liquor Locations
Frequently Asked Questions Open Recruitment for Retail Liquor Locations (Meetings Held on 10/01/15 and 10/02/15) Q: What is a retail sales agent agreement? A: When a retail sales agent agreement is awarded
More informationDecember 2013 exam. (4CW) SME cash and working capital. Instructions to students. reading time.
1 December 2013 exam (4CW) SME cash and working capital Instructions to students 1. Time allowed is 3 hours and 10 minutes, which includes 10 minutes reading time. 2. This is a closed book exam. 3. Use
More informationHow To Run A Pub
PLEASE PLEDGE NOW, TO HELP TO BUY THE ROYAL OAK PUB The people of Crawley Down have gathered together to save our local pub. We have triggered the right to submit a bid to purchase it before 20 September
More informationALCOHOL LAW REFORM SCENARIOS
ALCOHOL LAW REFORM SCENARIOS Scenario Status quo Proposal Purchase age People must be 18 years or over to buy alcohol from any kind of licensed premises [on-licences (for example, a restaurant or bar),
More informationSoft Drink Tax Regulation 1993-8 Amended 04/2008
Soft Drink Tax Regulation 1993-8 Amended 04/2008 Agency 006.05 These rules and regulations are promulgated for the enforcement and administration of Act 7 of 1992 (2nd Ex. Sess.). A. DEFINITIONS 1. "Bottle"
More informationBINGO INFORMATION AND GUIDE FOR PERMIT HOLDERS
Effective from 3/2/2011 BINGO INFORMATION AND GUIDE FOR PERMIT HOLDERS The information provided herein is intended as an information guide only and is not a substitute for prescribed permit conditions
More informationAPPOINTMENT OF FRONT OF HOUSE LEVEL SUPERVISORS ADELPHI THEATRE
APPOINTMENT OF FRONT OF HOUSE LEVEL SUPERVISORS ADELPHI THEATRE Contents: Job Description Person Specification Hours of Work Job Description Job Title Department Location Responsible to Responsible for
More informationPlanning a Budget for Study in Australia
Planning a Budget for Study in Australia To begin the process of determining your personal study abroad budget, you should cross-reference this guide with Preparing to Study Abroad, Money Matters and the
More informationmienterprise. More detailed Business Plan
mienterprise. More detailed Business Plan For:!!!!!!!!! Date: SUMMARY What is your business going to be? What are your goals? Short term (one year) 1. 2. 3. Longer term (over one year) 1. 2. 3. ABOUT YOU
More informationlesson four shopping wisely teacher s guide
lesson four shopping wisely teacher s guide shopping wisely web sites web sites for shopping wisely The Internet is probably the most extensive and dynamic source of information in our society. The following
More informationAccounts of the sole trader
Unit 1 Accounts of the sole trader This unit consists of one section only: Section 1: Final accounts Section 1 Final accounts By the end of this section you should be able to: explain the position of a
More informationInstructions for E-PLAN Financial Planning Template
Instructions for E-PLAN Financial Planning Template The EPLAN template will assist you in preparing financial projections for your existing business. The template uses Microsoft Excel to prepare your projected
More information6) Q: Whom do I contact if I have a question regarding Restaurant Occupation Tax? A: City Finance office at (402) 441-7457.
These FAQs are being provided as a courtesy to the restaurant community as guidance to many of the questions that have been received. The s office assumes no legal liability or responsibility for the accuracy,
More informationUpdating the International Standard Classification of Occupations (ISCO) Draft ISCO-08 Group Definitions: Occupations in Tourism and Hospitality
International Labour Organization Organisation internationale du Travail Organización Internacional del Trabajo Updating the International Standard Classification of Occupations (ISCO) Draft ISCO-08 Group
More informationCASH FLOW STATEMENT (AND FINANCIAL STATEMENT)
CASH FLOW STATEMENT (AND FINANCIAL STATEMENT) - At the most fundamental level, firms do two different things: (i) They generate cash (ii) They spend it. Cash is generated by selling a product, an asset
More informationHow to Use the Cash Flow Template
How to Use the Cash Flow Template When you fill in your cash flow you are trying to predict the timing of cash in and out of your bank account to show the affect and timing for each transaction when it
More informationBACK OFFICE DATA ENTRY REVISION 1.2
BACK OFFICE DATA ENTRY REVISION 1.2 Contents Contents... 1 BEACON BACK OFFICE SYSTEM... 3 DATA ENTRY... 3 Overview... 3 Receipt Entry... 4 Overview... 4 Debtor Receipt Entry Screen... 4 Debtor Receipt
More informationChapter 5 Merchandising Operations
Chapter 5 Merchandising Operations Financial Statements of a Service Company and a Merchandiser: - Service Companies: Revenues earned through performance of services. Examples: Dentists, Accounting Firms,
More informationBusiness tax tip #5 How are Sales of Food Taxed in Maryland?
Business tax tip #5 How are Sales of Food Taxed in Maryland? How is food taxed? In general, sales of food are subject to sales and use tax unless the food is sold for consumption off the premises by a
More informationAlcohol Use Information and Servers Policy Who can serve the alcohol? If you answered yes must If you answered no invitation only
Alcohol Use Information and Servers Policy Alcohol may be served at events held on the Dry Floor in the Hopkins Pavilion. Organizations and individuals must comply with all Federal, State and Municipal
More informationpurchase to pay at its best providing solutions for hospitality professionals peace of mind
purchase to pay at its best providing solutions for hospitality professionals peace of mind welcome > > > > > > The Procure Wizard e-procurement platform is a web application ideally suited to the hospitality
More informationWHY SHOULD I BE CAREFUL ABOUT DRINKING ALCOHOL?
WHY SHOULD I BE CAREFUL ABOUT DRINKING ALCOHOL? If you have diabetes and take pills or insulin to control your blood sugar, you should be careful when you drink alcohol. Alcohol can cause blood sugar to
More informationBOTTLESERVICEGUIDE // 2013
STAY... PLAY... GO ALL THE WAY. Vegas bottle service > WHAT IS BOTTLE SERVICE? Bottle Service is the purchase of liquor by the bottle in lounges and nightclubs. Typically when you purchase bottle service
More informationCAHSEE Algebra Cluster #4: Statistics, Data Analysis, an Probability Name: Cluster #4 Review
CAHSEE Algebra Cluster #4: Statistics, Data Analysis, an Probability Name: Cluster #4 Review 1. The number of classic book Nanette sells in her 2. Which scatterplot shows a positive correlation? bookshop
More information2. A service company earns net income by buying and selling merchandise. Ans: False
Chapter 6: Accounting For Merchandising Activities True/False 1. Merchandise consists of products that a company acquires for the purpose of reselling them to customers. 2. A service company earns net
More informationYou can download the Application Form from the Wolfson College website at www.wolfson.cam.ac.uk/jobs
VACANCY: HEAD CHEF Wolfson College is one of the 31 Colleges in the University of Cambridge and provides an academic home for over 900 students aged 21 or above, 200 Fellows, 300 senior members and 100
More informationEntertainment expenses
Entertainment expenses What you need to know about making claims IR 268 June 2015 Contents About this guide 3 Why paying tax matters 4 Expenses when running a business 5 50% deductible entertainment expenses
More informationRace Night Group Package Guest Information
FAX or EMAIL to Grand River Raceway: FAX: (519) 846-0206 EMAIL: bookings-assistant@grandriverraceway.com Race Night Group Package Guest Information GROUP NAME: (Will be printed in race program as above)
More informationBYOB: Hosting Safe Social Events
BYOB: Hosting Safe Social Events USING THIS GUIDE This guide has been designed to assist chapters in planning and implementing safe Bring Your Own Beverage (BYOB) social events. When using this guide to
More information4-H Club Treasurer s Book
4-H Club Treasurer s Book Name of Club: GO Team: Year: Printed 2010 Manitoba Agriculture, Foods, and Rural Initiatives www.gov.mb.ca/agriculture 1 Name of Club Year President Vice-President Secretary Treasurer
More informationManagement Plan Template General Code of Practice Liquor Licensing Act 1997
Page 1 Management Plan Template Liquor Licensing Act 1997 Under section 42 of the Liquor Licensing Act 1997, it is a condition of every licence that the licensee complies with the Commissioner s codes
More informationOlder Adults and Alcohol
Older Adults and Alcohol You Can Get Help 5 What s Inside? Read this booklet to learn about alcohol and aging. Share this booklet with your friends and family. Use this booklet to start talking about how
More informationDeveloping Financial Statements
New York StartUP! Business Plan Competition Developing Financial Statements Presented by Paisley Demby, CEO PBN Consulting, LLC www.pbnconsulting.com 1 Invitation to Tweet #2015NYStartUp PaisleyDemby Contents
More information2015 STX Year End. Information & Recommendations For Online Services Subscribers
2015 STX Year End Information & Recommendations For Online Services Subscribers REPORTING Inventory Value by Manufacturer It is important to remember the information contained in the report is only as
More informationIGCSE Business Studies revision notes Finance Neil.elrick@tes.tp.edu.tw
IGCSE FINANCE REVISION NOTES Table of contents Table of contents... 2 SOURCES OF FINANCE... 3 CASH FLOW... 5 HOW TO CALCULATE THE CASH BALANCE... 5 HOW TO WORK OUT THE CASH AVAILABLE TO THE BUSINESS...
More informationFOOD & BEVERAGE DEPARTMENT Job Description
Suites Server Reports to: Suites Coordinator A Suites Server will endeavour to provide the highest level of customer service to our guests at all times. Beverages, both alcoholic and non-alcoholic in nature,
More informationACI: Everything You Wanted To Know But Were Afraid To Ask 2012 FoodPro Users Conference July 23rd
ACI: Everything You Wanted To Know But Were Afraid To Ask 2012 FoodPro Users Conference July 23rd Eric Lam Product Specialist Aurora Information Systems What are ACI s? Average Consumption Items Consumption
More informationHandling Offline Payments
Handling Offline Payments Promotion / Discount Codes Promotion / Discounts can be used for a variety of incentives, such as early bird, promotions, group bookings, cash type payments and online bookings.
More informationGuidelines for Self-Employed Persons
INLAND REVENUE DEPARTMENT Saint Lucia Guidelines for Self-Employed Persons Our Mission The Inland Revenue Department stands committed in its impartial treatment of its customers. We aim to provide efficient,
More informationChapter 13 Financial Statements and Closing Procedures
Chapter 13 - Financial Statements and Closing Procedures Chapter 13 Financial Statements and Closing Procedures TEACHING OBJECTIVES 13-1) Prepare a classified income statement from the worksheet. 13-2)
More informationBIIAB LEVEL 2 NATIONAL CERTIFICATE FOR PERSONAL LICENCE HOLDERS. Specimen Examination Paper B
BIIAB LEVEL 2 NATIONAL CERTIFICATE FOR PERSONAL LICENCE HOLDERS Specimen Examination Paper B The specimen examination paper questions contained in this publication are representative of the type of questions
More informationQ & A 20% Privilegecard discount Monday 6 July - Sunday 12 July
Q & A 20% Privilegecard discount Monday 6 July - Sunday 12 July You must have worked for Tesco for at least six months to qualify for the double discount. General Questions When does the 20% Privilegecard
More informationEverything you need to know
Everything you need to know Life as a contractor may involve some tough decisions. Choosing a fantastic, reliable and personal umbrella company shouldn t be one of them. Employers National Insurance A
More informationCAPITAL BEVERAGE PACKAGE $21.95 PER PERSON
BEVERAGE SERVICES BAR PACKAGES CAPITAL BEVERAGE PACKAGE Full Bar (5 Hours): $21.95 PER PERSON Full Bar ( 2 Hour Cocktail Reception) $14.95 PER PERSON Imported and Domestic Beers, Bottled Water, Call Brand
More informationA Brief Guide to Being a Wine Rep
A Brief Guide to Being a Wine Rep By The Wine Rep An outsiders view of a wine representative is often one of a free soul, not tied down to an office, free wine on tap, long lunches, golf days and endless
More informationTHE MENU WINTER WELL-KNOWN CLASSICS NEW EXCITING FLAVORS
EXCITING FLAVORS WELL-KNOWN CLASSICS THE MENU WINTER IT S FINALLY TIME TO ENJOY THE RIDE THROUGH WINTER WONDERLANDS AND EXPLORE OUR SELECTION, SNACKS, SWEETS AND COCKTAILS AFTER ALL, TIS THE SEASON TO
More informationACCOUNTING SCHOOL-BASED ASSESSMENT EXEMPLARS CAPS GRADE 12 LEARNER GUIDE
ACCOUNTING SCHOOL-BASED ASSESSMENT EXEMPLARS CAPS GRADE 12 LEARNER GUIDE ACCOUNTING SCHOOL-BASED ASSESSMENT EXEMPLARS CAPS GRADE 12 LEARNER GUIDE CONTENTS Introduction... 1 Task A First Term Report:
More informationSTONEBRIDGE COMMUNITY FUNDAY
STONEBRIDGE COMMUNITY FUNDAY General Assessment Activity assessed: Planning and Delivery of the Stonebridge Community Funday Location: Name of assessor: A Smith Date of assessment: 21 May 2014 Version
More informationtutor2u Cash Management How and Why Businesses Need to Manage their Cash AS & A2 Business Studies PowerPoint Presentations 2005
Cash Management How and Why Businesses Need to Manage their Cash AS & A2 Business Studies PowerPoint Presentations 2005 Importance of Cash (1) A business can exist for a while without making profits but
More informationPoint of Sale (POS) systems
Point of Sale (POS) systems Taken from www.foodservice.com Before You Begin This series of articles has three primary goals: to define Point of Sale (POS) systems, discuss their benefits, and help restaurant
More informationtutor2u Working Capital Introduction to the Management of Working Capital AS & A2 Business Studies PowerPoint Presentations 2005
Working Capital Introduction to the Management of Working Capital AS & A2 Business Studies PowerPoint Presentations 2005 Introduction All businesses need cash to survive Cash is needed to: Invest in fixed
More informationUnderstanding Costs. and Profit
Understanding Costs and Profit A guide to help you broaden your understanding of the most common types of business costs applicable in small businesses and how they influence profit margins Understanding
More informationCHAPTER 6. Accounting for retailing CONTENTS
CHAPTER 6 Accounting for retailing CONTENTS 6.1 Journal entries periodic inventory system 6.2 Journal entries involving discounts, closing entries and statements of financial performance both perpetual
More informationCarbohydrate counting a pocket guide
counting a pocket guide www.bayerdiabetes.ca Contents Starches 3 Vegetables 4 Fruit/Fruit juices 5 Milk/Yoghurt 5 Fast foods 6 Proteins (meat/meat substitutes) 6 Drinks 6 Sweets/Sugary foods 7 Combination
More informationCASH BUDGETS AND RELATED TOPICS
CASH BUDGETS AND RELATED TOPICS Article relevant to Formation 2 Management Accounting Author: Neil Hayden, current Examiner. In projected cash flow statements the information can be presented in a variety
More informationThe Measurement of the Business Income. 1 by recording revenues when earned and expenses when incurred. 2 by adjusting accounts
Recap from Week 3 The Measurement of the Business Income The primary objective of accounting is measuring the net income of the businesses according to the generally accepted accounting principles. Net
More informationABOUT FINANCIAL RATIO ANALYSIS
ABOUT FINANCIAL RATIO ANALYSIS Over the years, a great many financial analysis techniques have developed. They illustrate the relationship between values drawn from the balance sheet and income statement
More informationCIMA F3 Course Notes. Chapter 3. Short term finance
CIMA F3 Course Notes c Chapter 3 Short term finance Personal use only - not licensed for use on courses 31 1. Conservative, Aggressive and Matching strategies There are three over-riding approaches to
More informationNon-profit fundraising events: alcohol, safety and event management A HELPFUL PLANNING GUIDE
Non-profit fundraising events: alcohol, safety and event management A joint initiative of the Office of Liquor and Gaming Regulation and Queensland Police Service. Great state. Great opportunity. Non-profit
More informationSaasu Online Accounting. Inventory presentation
Saasu Online Accounting Inventory presentation Presentation objectives This presentation aims to reinforce the information provided in the Inventory Training Webinar. MORE: You can access more information
More informationDepartment of Health and Human Services Centers for Disease Control and Prevention
Rethink your drink. Department of Health and Human Services Centers for Disease Control and Prevention When it comes to weight loss, there s no lack of diets promising fast results. There are low-carb
More informationFinancial Statements. Chapter 19 Study Guide
Financial Statements Chapter 19 Study Guide Financial Statements Discuss the nature of a consolidated financial statement? Understand the relationship between the work sheet and the financial statements.
More informationHotel Training Programme
Hotel Training Programme Santosh Koripella 300 Hotel Related Downloads (Checklists, Formats, Programmes, Software, Tools, Forms, Training Presentations, Calculation sheets and many more) A Complete Resource
More informationHelping you to help yourself
Helping you to help yourself Your guide to Direct Payments for Social Care What is a Direct Payment? Direct Payments are An offer to you, if you are eligible for help from Social Care, to receive the money
More informationLicensee Risk Assessment and Management Plan General Code of Practice Liquor Licensing Act 1997
Consumer and Business Services Licensee Risk Assessment and Management Plan General Code of Practice Liquor Licensing Act 1997 Chesser House, 91-97 Grenfell Street Adelaide SA 5000 GPO Box 2169 Adelaide
More informationAccounts Receivable Reconciliation Instructions. Using Reconciliation Template in Excel
Accounts Receivable Reconciliation Instructions Using Reconciliation Template in Excel 1 Log in to E-Print and print out the report called "FBM092_DelTo" for the month which you are reconciling 2 In the
More information99 Ways to Steal In a Restaurant or Bar Provided by Skurla s POS Solutions (we help STOP the theft)
99 Ways to Steal In a Restaurant or Bar Provided by Skurla s POS Solutions (we help STOP the theft) Ever wonder if your employees are stealing from you? In the food and beverage industry it is estimated
More informationChapter 04 - Accounting for Merchandising Operations. Chapter Outline
I. Merchandising Activities Products that a company acquires to resell to customers are referred to as merchandise (also called goods). A merchandiser earns net income by buying and selling merchandise.
More informationA Method of Determining Inventory Levels for Retail Jewelers
A Method of Determining Inventory Levels for Retail Jewelers Abe Sherman, CEO Buyers Intelligence Group JCK 2012 Booth: S11487 info@bigjewelers.com Abe Sherman Buyers Intelligence Group JCK 2012 Booth:
More informationWhy Do Farmers / Clubs / Firms / Anyone Prepare Accounts? To calculate profit. To assess the effectiveness of different parts of the organisation.
Accounting Theory. In recent years the amount of theory being asked on the Leaving Certificate paper has steadily increased. This is a trend that is likely to continue. Below is an outline of the likely
More informationWine and drinks lists
Wine and drinks lists 10 Units covered This chapter covers the following units: Level 1 Prepare and clear areas for drink service (1BS2, 113) Serve drinks (1BS2) Level 2 Principles of beverage product
More informationCoca Cola Research Paper and SWOT Analysis
Coca Cola Research Paper and SWOT Analysis 1. Background and History Coca-Cola s history dates back to the late 1800s when Atlanta pharmacist John Pemberton mixed caramel-colored syrup with carbonated
More informationCreate a new menu item, name it Hamburger, and leave it alone for now. Go to Management, select options groups, and create two new option groups.
Welcome to Ambur! We offer a revolutionary and easy-to-learn restaurant management solution that s not only adaptable, but also robust enough to operate in even the most demanding environments. This training
More informationLesson 5: Inventory. 5.1 Introduction. 5.2 Manufacturer or Retailer?
Lesson 5: Inventory 5.1 Introduction Whether it is a brick and mortar or digital store, for many businesses, inventory management is a key cog of their operations. Managing inventory is an important key
More information