Restaurant
Purchase of Beverages / Alcohol
Buying soft drinks, juices, and beverages from a distributor.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Beverage Inventory | Asset (+) | 800.00 | - |
| VAT Input Tax (16%) | Asset (+) | 128.00 | - |
| Accounts Payable (Beverage Supplier) | Liability (+) | - | 928.00 |
💡 Accountant's Note
Beverage inventory is tracked separately from food to help calculate the Beverage Cost % (a key F&B KPI). VAT on the purchase is a recoverable input tax.
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