Hi Joe,
Thanks for your newsletters, its of great help to me in the industry.
I would request if you could help me find/make a format of Cost Controller's "Daily Flash Report" in excel, with all possible data it should contain.
Thanking you for your support,
Harish
Good request Harish! Thanks for the compliment.
The daily flash report has to have all the essential information. Our business is quite straightforward from a reporting viewpoint. Sales, food and beverage cost and direct labor dominate the profit and loss statement. The daily report should include sales by meal period, total food received, total beverage received, number of workers and total hours for management, kitchen and service.
In addition to this essential information, I like to include notes and explanations including unusual events (from a financial perspective). Perhaps the weather was very poor or a key staff member called in sick. You may have lost power or had 3 tour buses pull in at the same time.
