Principles of Food, Beverage, and Labor Cost Controls
Separated into four parts including an introduction to food, beverage, and labor cost controls followed by separate sections each devoted to food, beverage, and labor, this classic text has been updated in this new Ninth Edition. In this new edition, key terms, key concepts, review questions, and spreadsheet exercises reinforce and support readers understanding. It also features increased discussion and examples of technology use in food and beverage operations, a running case study, and a separate chapter on menu analysis and engineering. This text is well suited for classroom, professional training, and on-the-job use.
Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.
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No wonder so many people got it wrong in the industry, there is great confusion on this subject but depending on how the software is set up I guess the definition in this book is okay, but as far as I know any kind of food loss or beverage loss due to any circumstance or condition should be accounted for uner food loss/waste, and beverage loss/waste, a VOID should only be used for erasing transactions that did not involve a monetary loss such as food, beverage, alcohol, or merchandise.
Voiding all items that need to be corrected will produce incorrect inventory, food cost, and accounting errors. If you void items that are not available, they will be totaled as a loss, if you void a undercooked food item and mix it with other voided items you can see how this will throw off your numbers. Unless your software "POS" is programmed to seperate a VOID into different catagories such as those in which you lose monney and those in which no money is lost. Most systems ask for a reason for the VOID but totals all of them at the end of the night, which makes the totals voided useless in trying to figure out profit/loss.