Sales – ways of expressing selling

Definition It can be defined as Restaurateur’s exchange of product or service for the value. The value may cash or a promise to pay cash...

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...

Receiving Control

Receiving Control All establishments must have set down procedures for receiving, checking and accepting goods, which have been delivered by suppliers. These goods must be...

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....

Billing procedure – cash and credit sales: Sales Control

i) Cash Sales – Customer pays in cash, a copy of the bill is sent to the accounts along with the K.O.T., the K.O.T. is...

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