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Restaurant Bookkeeping: Comprehensive Guide to Master Bookkeeping

7 Shifts

For instance, you can record your food and beverage sales separately. They speed up your vouching process and help clear up any inconsistencies that could arise during the auditing process. Your aim is to keep your labor + food + beverage expenses at approximately 60% to 65% of the total sales.

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Amid Influx of New Employees, Restaurants Must Build and Reinforce Brand Excellence

Modern Restaurant Management

The CDC estimates that, each year, 48 million ( one in six ) Americans get sick from contaminated food or beverages, a problem that costs more than $15.6 Restaurants should routinely conduct supplier audits to be certain that all food safety and QA practices are being followed before the food even arrives at your restaurant.

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5 Best practices for restaurant inventory management

Tableo

Restaurant inventory management is a process for identifying more cost-effective food, beverage and supply orders while keeping track of the materials and supplies you have on hand for shifts. Sample inventory audit checklist Item Physical Count Recorded Count Discrepancy Lettuce 30 30 0 Tomatoes 50 48 +2 Chicken Breast 75 80 -5 2.

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The Top Five Startup Costs Restaurant Owners Need to Know

Modern Restaurant Management

Make sure you do a projection and daily audit to ensure your payroll costs are commensurate with your current revenue. Food and Beverage Inventory and Paper Supplies. Similar to your payroll expenses, your food and beverage expenses are going to vary depending on the type of restaurant you run.

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The Importance of NSF Certification for Restaurant Tools and Knives

Modern Restaurant Management

The NSF has a standards team that facilitates the development of public health standards, and a service team that test, audit, and certify products and services – which brings us to NSF Certification. We understand why it is important for us to make, and restaurants to use, NSF certified tools and products.

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What Are Standard Operating Procedures in Restaurants?

Crunchtime

Inventory audit: different products and items run out of stock more quickly than others; standardizing the expectations for when and how frequently each product should be prepared or restocked. Or if an employee says that the beverages have not been restocked, automatically assign them a task to restock it by a certain time.

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Marketplace Collection Laws Present Unique Challenges for the Restaurant Industry

Modern Restaurant Management

Some of these marketplace collection laws were hastily enacted and state revenue agencies may still be issuing guidance, determining audit enforcement practices, and resolving practical implementation issues as they arise. In general, states may only audit a restaurant for the sales on which it remits tax. Exclusions.