23.10.2013 Views

Updated 01/04/2010 - GAAP Software

Updated 01/04/2010 - GAAP Software

Updated 01/04/2010 - GAAP Software

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

SECTION 3:<br />

BENEFITS<br />

Stock items translate directly to sales items therefore any stock loss can be described as<br />

loss of revenue. Stock controls are put in place to minimize stock loss which in turn<br />

translates to better profits.<br />

Stock shrinkage can be caused by any number of factors and nearly all these factors<br />

can either be prevented or minimized.<br />

SECTION 4:<br />

ACCURACY<br />

EXPECTATIONS<br />

Computers have the ability to make work faster, simpler and more accurate. What many<br />

don’t realize is that sometimes it is not possible to<br />

achieve all three simultaneously. Simply put, accuracy may require more<br />

Time. The most common trade-off is to sacrifice accuracy for speed and simplicity.<br />

<strong>GAAP</strong> Hospitality Training Modules 2<strong>01</strong>0<br />

SIMPLICITY<br />

18

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!