Meal Equivalentsare used in the Financial Plate Costs and the Accountability Meals per Labor Hour reports to create a ratio that determines how many Breakfasts, Reimbursable Snacks or Supplemental Sales are the equivalent of one lunch meal.
This option can be accessed from either Financial or Accountability.
The purpose of this ratio is to correctly spread the expense of preparing and serving Breakfast, Lunch, Snacks and Supplemental Sales, since they are not usually as labor intensive as Lunch meals.
One Lunch meal is always considered one Meal Equivalent.
For Breakfast and Reimbursable Snacks, you can count any number of meals or snacks as one meal equivalent.
For Supplemental Sales, you enter a dollar amount to determine one meal equivalent.
Select the Fiscal Year to edit meal equivalents by site.
Check one or more sites to edit.
Click Edit Equivalents to open the Meal Equivalents input screen.
Enter the meal equivalents you want to use for the selected sites.
Click Save to save the settings for the selected sites.
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FIN version 9 Help, revised 08/2018