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HIT - Food and Beverage Management Applications

A Review of Key Terms!

AB
Conversion TablesThis tracks ingredients used by unit and cost as they pass through the control points.
Daily Sales ReportsSummarizes all sales revenue activity for a day, itemizing revenue by categories, number of covers, number of guest checks, etc.
Ingredient FileContains important data on each purchased ingredient, such as ingredient code number, ingredient description, purchase unit cost, issue unit cost, recipe unit, and recipe unit cost.
Marketing Category ReportReports weekly totals of revenue earned by food and beverage departments or food and beverage categories
Menu EngineeringA menu management application for evaluating decisions about current and future menu pricing, design, and contents. Forces management to focus on menu items' contribution margin rather than their food cost percentages.
Net Sales by Time of Day ReportGenerated by automated beverage systems, this report contains information on hourly sales, and is useful for forecasting sales and scheduling servers and bartenders according to expected demand.
Outstanding Guest Checks ReportGenerated by automated beverage systems, this report helps to resolve discrepancies existing between the sales major beverage category report and the sales by beverage server report.
PostcostingDetermines potential food cost by multiplying the number of menu items actually sold by the standard recipe costs.
PrecostingA special type of forecasting that compares forecast guest counts with standard cost for menu items to estimate food cost expense before production.
Product Usage ReportGenerated by automated beverage systems, this report contains information on beverage products sold during a shift. Managers use the information on this report to minimize inventory control problems.
Recipe ChainingThis process includes sub-recipe as an ingredient for a particular standard recipe. This enables computer-based restaurant management systems to maintain menu items that require large number of ingredient items.
Sales by Beverage Server ReportGenerated by automated beverage systems, this report contains information on total sales of each server during a particular shift.
Sales by Major Beverage Category ReportGenerated by automated beverage systems, this report contains information on the expected beverage income by major categories (liquor, wines, beer, etc.)
Sales Category Analysis ReportThis report contains information on menu item sales by time of the day. Managers use this information to determine which items are selling and when they are selling.
Sales Mix by Major Product ReportGenerated by automated beverage systems, this report contains information on how much of each beverage product was sold during a shift. Managers use this information to monitor sales trends and adjust inventory levels as necessary.
Settlement Methods ReportGenerated by automated beverage systems, this report contains information on the amounts of due in the form of cash, credit card, vouchers, and house charges for sales made during a shift.
Sub-RecipeA Recipe that is included as an ingredient within a standard recipe record.
Weekly Sales SpreadsheetProvides a weekly summary of all information reported by relevant daily sales reports.

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