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July 29, 2021
Photo attached in folder While it is the menu that determines what is to be sold and at what price, the standardized recipe controls both the […]
July 24, 2021
In today’s world, a steadily increasing number of people prefer to dine out rather than to cook on their own. Despite strong demand, the eating industry […]
April 22, 2021
In the second part of this case study on POS data integrity, we will show how variances in data occur in Purchases & Inventory transfers. 1. […]
April 22, 2021
A system that is used throughout the restaurant industry is POS which stands for Point of Sale. This computer-operated system allows business owners to track sales, […]
April 21, 2021
Accounts receivable are created when food and beverages are sold to the customer. According to the nature of sales and payment method, we have divided accounts […]
September 12, 2020
The time taken to prepare a restaurant’s financial statements after the end of the reporting period matters a lot. The quicker the financial statements get in […]
August 3, 2019
ARTICLE HIGHLIGHTS – This article covers exclusions for – Meals & Lodging received by employees Scholarships received Compensation for injuries & sickness Payments received from Damages […]
July 8, 2019
Let us suppose you sometimes make paintings at a nearby rented studio as a hobby, and you occasionally sell those paintings at a local marketplace. You […]
July 8, 2019
In this article, we shall cover taxation of Fringe Benefit. A fringe benefit is a form of pay for the performance of services of value besides […]