more-arw search

Q&A Forum

Cost of Goods Sold - Food & Beverage Industry

I was reading a related post regarding COGS tracking for a manufacturing company, and was curious about proper tracking of COGS in the food and beverage industry?

Answers

Topic Expert
Christie Jahn
Title: CFO
Company: Prime Investments & Development
(CFO, Prime Investments & Development) |

I worked for a full service hotel quite some time ago and this was fairly simple. We used Beg. Inventory + Purchases - Ending Inventory. The best part of this job was the in depth debates on what causes variances in food and beverage costs.

2048 views
Topics

Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email content@proformative.com to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.