Inventory and Food Cost Monthly Template
Originally published: 07/05/2018 09:29
Publication number: ELQ-11375-1
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Inventory and Food Cost Monthly Template

Food inventory management tool to track your inventory on a monthly basis

Description
This is a great tool for managing and monitoring the food costs and food inventory for your restaurant or hotel on a monthly basis.

This model is divided into 12 tabs, all with the same functions, which represent each month. As such, you can create a comprehensive overview of your food inventory and food costs for a whole year.

The tabs are categorized in 8 sections:

- Storerooms
- Comparisons to last month
- Food Costs Estimate
- Food Transfers/Debits In
- Food Transfers/Credits Out
- Unrecorded Sales
- Marketing Transfers/Credits Out
- Comps

Therefore, this tool allows you to construct a detailed overview of your food costs,food inventory and storage.

This tool will help you to keep track of costs and inventory levels, and also allow you to make comparisons of different months. Monitoring inventory and food costs is a huge part of the financing of any restaurant or hotel, and this tool offers a quick and simple solution, giving you a great model to create extensive analysis on a month by month basis.

This Best Practice includes
1 Excel Spreadsheet

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