Hospitality
Internal Transfer: Staff Meals
Moving the cost of food from the F&B department to the HR/General Admin department for employee dining.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Employee Benefits: Staff Meals | Expense (+) | 300.00 | - |
| F&B Cost of Sales (Credit) | Expense (-) | - | 300.00 |
💡 Accountant's Note
To keep the 'Cost of Goods Sold' (COGS) accurate for the restaurant, the cost of feeding employees is removed from F&B and charged to the departments that the employees work in.
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