Manage Budgets and Financial Plans Case Study
Manage budgets and financial plans Case study
1. List the revenue and expense records that you would use to gather information and their source.
Revenue Records of the Business * Sales Invoices * Cash register receipts * Credit card / EFTPOS receipts Expense Record of the business * Purchase Invoice * Rent Slip * Wages and salaries
2. Provide samples of source documentation
Purchase Invoice | | | | Serial No. | Item Purchased | | Total | 0011 | Brocolli | 1kg | $20 | $20 | 0012 | Ice Cream | 5kg | $50 | 50 | Sign | Phoenix | | |
Rent Receipt Date:_____13-5-011_______ No: 012____________ Receive from : Godfrey Fast Total Sum : $ 5670 For rent at : Toorak_______ For the Period : 1st of May to 30th of June Paid by : Cash Received by : Phoenix______ |
Pay Slip of City RestaurantABN 2567892493 | Employee’s name: Leeda Peter | For Period : 1 – May to 30 – May | Payment : 600 aud ( Taxable Income) | Total hour: 103 | Pay at : 30 – May – 2011 | Signature: Phoenix |
City Restaurant251 Carlton Street, CarltonTo:Name: Farrington CompanyAddress: 333 wellinton street, wellintonPhone: 596493222E-Mail: Farrington@company.com | Invoice Date: 11-05-2011Invoice #: 0548392Customer ID: 561Ship to:Name: Farrington CompanyAddress: 333 wellinton streetPhone: 5964832222E-mail: Farrington@company.com | Sale Rep | P.O. Number | Ship Date | FOB | Ship Via | Phoenix | 29374-39473 | 1-May-2011 | China | Hong kong | Item # | Description | QTY | Unit Price | Remark | Food Testing | Ice Cream | 1 | 20 | ---- |
Cash Register Receipt
City Restaurant234-444-567Date 1-May-2011Hamburger $ 10Veggy Salad $ 11Coke $ 5Total $ 26Cash
1. List the revenue and expense records that you would use to gather information and their source.
Revenue Records of the Business * Sales Invoices * Cash register receipts * Credit card / EFTPOS receipts Expense Record of the business * Purchase Invoice * Rent Slip * Wages and salaries
2. Provide samples of source documentation
Purchase Invoice | | | | Serial No. | Item Purchased | | Total | 0011 | Brocolli | 1kg | $20 | $20 | 0012 | Ice Cream | 5kg | $50 | 50 | Sign | Phoenix | | |
Rent Receipt Date:_____13-5-011_______ No: 012____________ Receive from : Godfrey Fast Total Sum : $ 5670 For rent at : Toorak_______ For the Period : 1st of May to 30th of June Paid by : Cash Received by : Phoenix______ |
Pay Slip of City RestaurantABN 2567892493 | Employee’s name: Leeda Peter | For Period : 1 – May to 30 – May | Payment : 600 aud ( Taxable Income) | Total hour: 103 | Pay at : 30 – May – 2011 | Signature: Phoenix |
City Restaurant251 Carlton Street, CarltonTo:Name: Farrington CompanyAddress: 333 wellinton street, wellintonPhone: 596493222E-Mail: Farrington@company.com | Invoice Date: 11-05-2011Invoice #: 0548392Customer ID: 561Ship to:Name: Farrington CompanyAddress: 333 wellinton streetPhone: 5964832222E-mail: Farrington@company.com | Sale Rep | P.O. Number | Ship Date | FOB | Ship Via | Phoenix | 29374-39473 | 1-May-2011 | China | Hong kong | Item # | Description | QTY | Unit Price | Remark | Food Testing | Ice Cream | 1 | 20 | ---- |
Cash Register Receipt
City Restaurant234-444-567Date 1-May-2011Hamburger $ 10Veggy Salad $ 11Coke $ 5Total $ 26Cash