Docstoc

Hospitality Budget vs. Actual Analysis

Document Sample
Hospitality Budget vs. Actual Analysis Powered By Docstoc
					Budget vs. Actual Analysis
[COMPANY NAME]                      Starting Date (YYYY-MM):             August/11
    Favorable Variance              August/11       August/11       August/11
    Unfavorable Variance            Budget          Actual          Variance

REVENUES
    Lodging Sales                   $           -    $          -   $           -
    Banquets & Events Sales                     -               -               -
    Gift Shop and Vending Sales                 -               -               -
    Food & Beverage Sales                       -               -               -
    Sales Discounts                             -               -               -
    Other Income                                -               -               -
TOTAL REVENUES                                  -               -               -

COST OF SALES
    Linens and Lodging Supplies                 -               -               -
    Food & Beverages Purchases                  -               -               -
    Merchant Account Fees                       -               -               -
    Resale Item Purchases                       -               -               -
    Labor Costs                                 -               -               -
TOTAL COST OF SALES                             -               -               -

GROSS PROFIT                                    -               -               -

GENERAL & ADMINISTRATIVE
EXPENSES
    Advertising and Promotion                   -               -               -
    Automobile Expense                          -               -               -
    Bank Service Charges                        -               -               -
    Business Licenses and Permits               -               -               -
    Charitable Contributions                    -               -               -
    Computer and Internet                       -               -               -
    Continuing Education                        -               -               -
    Depreciation Expense                        -               -               -
    Dues and Subscriptions                      -               -               -
    Equipment Rental                            -               -               -
    Insurance Expense                           -               -               -
    Interest Expense                            -               -               -
    Janitorial Expenses                         -               -               -
Budget vs. Actual Analysis
    Landscaping and Maintenance       -   -   -
    Meals and Entertainment           -   -   -
    Miscellaneous Expense             -   -   -
    Office Supplies                   -   -   -
    Payroll Expenses                  -   -   -
    Postage and Delivery              -   -   -
    Printing and Reproduction         -   -   -
    Pro Services; Legal, Accounting   -   -   -
    Rent Expense                      -   -   -
    Small Tools and Equipment         -   -   -
    Subcontractor                     -   -   -
    Telephone Expense                 -   -   -
    Travel Expense                    -   -   -
    Uniforms                          -   -   -
    Utilities                         -   -   -
				
DOCUMENT INFO
Description: This document provides a budget vs. actual report, with monthly breakdowns, for a hospitality and leisure start up. Company managers should use this template form to track performance for certain business areas, such as revenues, cost of sales, gross profit, and general and administrative expenses. The template spreadsheet requires an input for the budgeted amount, the actuals for the month, and then tabulates any variance. Reviewing budget vs. actual numbers each month can help managers spot variances and take the necessary means to realign actuals with budgeted amounts. Variances are presented line by line to help analyze the overall operations and prompt management to cut costs, reallocate resources, and/or increase sales quotas.