Definition of standards (Quality & Quantity): Production Control
The term ‘standard’ is synonymous with the phrase ‘what it should be’, standards are aids to management for the control of food and beverage...
Purchase Control
PURCHASING
Purchasing is an activity concerned with the acquisition of product. It is often described as obtaining the right product, in the right amount, at...
Flow Chart Of Purchasing Procedure
Flow Chart Of Purchasing Procedure
Recognition of NeedsDescription of Needed ItemsAuthorization of Purchase RequisitionNegociation with SupplierEvaluation of proposal and Placement of OrderFellow upVerification of Invoice...
Issuing Procedure / Control, Requisition & Transfer note
Issuing Procedure / Control
All items are issued against requisitions prepared and signed by an authorized person,The requisitions are pre-numbered and are in triplicate, the...
Cost Control & Phases of Control Procedure
Cost control is the practice of identifying and reducing business expenses to increase profits, and it starts with the budgeting process. A business owner compares...
Cashier’s Sales Summary Sheet: Sales Control:: F & B Control
On this summary, sheet cashier maintains the complete record of restaurant sales.
When he issues a check to pick up waiter, he gets his signature...
Factors to be considered while fixing selling price
Every manger is trying constantly to increase the sales in order that profit can be maintained or increased in the face of constant higher...
Introduction to Cost Control
Food Cost Control
It can be defined as guidance and regulation of cost of operations. It undertakes to guide and regulate cost needs to ensure...
Food Costing: Food Cost Control
“Food costing” is understanding the ratio between the cost of raw materials that make up a dish and the revenue generated by that dish. By calculating how much...
The Objectives and Advantages of Cost Control
Objectives of Cost Control
To analyze income and expenditure:- In financial accounts, stress is usually placed on the ascertainments of total cost and profit i.e....
