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S UPPLEMENTAL S CHEDULES S ECTION 3Expenditures - Purchased FoodSchedule E-5aFor the period of _______________Beginning InventoryPurchased Food ReceivedLess: Ending InventoryCost of Purchased Food UsedLess: Company RebatesFood CostCommodity Processing FeesCommodity Distribution ChargeTotal Food CostPurchased Food - Schedule E-5a$______________+ $______________– $______________= $______________– $______________= $______________+ $______________+ $______________= $______________Expenditures - Donated Commodities UsedSchedule E-5bFor the period of _______________Donated Commodities - Schedule E-5bBeginning Commodity Inventory$______________Value of Commodities Received+ $______________Less: Ending Commodity Inventory– $______________Donated Commodities Used= $______________53N ATIONAL F OOD S ERVICE M ANAGEMENT I NSTITUTE
S ECTION 3SUPPLEMENTAL S CHEDULESBeginning InventoryDefinitionsPurchased FoodDonated CommoditiesThis refers to the value of the food inventory at the beginning of the month.Food ReceivedThis is the category for the dollar value of raw foods, prepared foods, oils, spices, condiments, and other edible goodsreceived for the foodservice program during the accounting period. If schedule E-5 is used, the category includes bothpurchased food and donated commodities.Ending InventoryThis refers to the value of the food inventory at the end of the month. If the school district is calculating a single inventory,the value includes both purchased food and donated commoditiesCompany RebatesThis item refers to money received from a company as an incentive to use a product. If the rebate is received during the yearin which the food is purchased, it is recorded as a reduction to food cost. Rebates from the prior school year are recorded asrevenue.Commodity Processing FeesThese are fees paid to commercial food processors for processing USDA commodity foods into more convenient forms. Theydo not include the value of the donated commodity food.Commodity Distribution ChargeThese charges are assessed by the state for storage and transportation of donated commodities, and for administration ofcommodity distribution.Beginning Commodity InventoryThis is the value of donated commodities in storage at the beginning of the month.Value of Commodities ReceivedThis is the assigned value by USDA for donated commodity items received during the accounting period.Ending Commodity InventoryThis is the value of donated commodities in storage at the end of the month.N ATIONAL F OOD S ERVICE M ANAGEMENT I NSTITUTE 54
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NATIONAL FOOD SERVICE MANAGEMENT IN
Page 3 and 4: This publication has been produced
Page 5 and 6: TASK F ORCE M EMBERSSincere appreci
Page 7 and 8: N ATIONAL F OOD S ERVICEM ANAGEMENT
Page 9 and 10: I NTRODUCTIONFINANCIAL MANAGEMENT I
Page 11 and 12: S ECTION 1IDENTIFICATION AND CLASSI
Page 13 and 14: S ECTION 1IDENTIFICATION AND C LASS
Page 15 and 16: S ECTION 2BASIC FINANCIAL STATEMENT
Page 17 and 18: S ECTION 2BASIC F INANCIAL S TATEME
Page 25 and 26: S ECTION 3SUPPLEMENTAL SCHEDULESThi
Page 27 and 28: S ECTION 3SUPPLEMENTAL S CHEDULESRe
Page 37 and 38: S ECTION 3SUPPLEMENTAL S CHEDULESDe
Page 39 and 40: S ECTION 3SUPPLEMENTAL S CHEDULESFe
Page 43 and 44: S ECTION 3SUPPLEMENTAL S CHEDULESEx
Page 45 and 46: S ECTION 3SUPPLEMENTAL S CHEDULESSF
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Page 65 and 66: S ECTION 4Financial Analysis and Pr
Page 67 and 68: S ECTION 4FINANCIAL A NALYSIS AND P
Page 81 and 82: S ECTION 5BUDGETINGA budget is a fo
Page 83 and 84: S ECTION 5B UDGETING• Combination
Page 85 and 86: S ECTION 5B UDGETINGSample Budget R
Page 87: ReferencesCater, J., & Mann, N. (19
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