financial management information system - National Food Service ...
financial management information system - National Food Service ...
financial management information system - National Food Service ...
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S ECTION 3SUPPLEMENTAL S CHEDULESRevenue - Miscellaneous Other RevenueSchedule R-7For the period of _______________Miscellaneous Other Revenue - Schedule R-7Sale of Surplus Equipment<strong>Food</strong> Rebate (Prior Year) *OtherTotal Miscellaneous Revenue$______________$______________$______________$______________*Include only food rebates on food purchased the previous year. Rebates received in the current year are treated as reductions offood costs and should NOT be included here.Sale of Surplus EquipmentDefinitionsMiscellaneous Other RevenueThis item covers surplus equipment that is sold to an outside entity. The equipment may be declared surpluswhen new equipment is purchased or when a district closes a school.Rebates on Purchased <strong>Food</strong> (Prior Year)These are discounts offered from food companies in the form of rebates that are received by the schoolfoodservice program after the fiscal year has closed. If the rebate occurs in the current year, the administratorshould reduce this year’s expenditures.OtherFunds received and not classified or included elsewhere should be recorded here.N ATIONAL F OOD S ERVICE M ANAGEMENT I NSTITUTE 34