Expenses ·
Expense and Receipt Tracking: A Simple System
How to track business expenses and receipts with a simple system: capture, categorize, store, reconcile monthly and hand clean records to your accountant.
9 min read
Who it's for / Caterers
Caterers usually price an event per guest, with staff, rentals and sometimes a service charge on top, and sales tax that can differ from one line to the next. A deposit secures the date, the final headcount is confirmed a few days before, and the balance follows. Drop-off catering for offices is simpler: a price per person or per tray, invoiced after delivery or once a month. Tell Clodou what you agreed and it writes the quote, turns it into the invoice and keeps the deposit, the headcount and the balance in order.
"Quote Brightwater Labs for 120 guests at $42 per person, 4 servers for 6 hours at $35 an hour and rentals at $480" writes the quote with three lines, $6,360 before tax, with your deposit terms in the note.
Turn the accepted quote into a draft invoice and record the deposit on it. When the final count comes in, change the number of guests and Clodou works out the line, the tax and the total again before you send it.
Set your default sales tax, and give a line its own rate, or none, where your rules differ, such as staffing. Clodou prints each tax and never picks a rate for you.
Full-service events are usually priced per guest for the menu, sometimes with a minimum, while drop-off orders are priced per person or per tray. Clodou takes the quantity and the price you give: 120 guests at $42 is one line of $5,040, and 6 sandwich trays at $65 is $390. It never picks a price, a minimum or a menu for you.
A deposit secures the date, and the final guest count is confirmed a few days before the event. Write your terms in the quote's note. When the client accepts, turn the quote into a draft invoice and record the deposit against it. When the final count comes in, change the number of guests on the draft and Clodou works out the totals again, keeping the deposit. Send the invoice once the figures are final; Clodou keeps the balance until the last payment.
Servers, chefs and bartenders are often billed by the hour, rentals at cost or at the price you set, and some caterers add a service charge, a percentage of the food and beverage total. Give Clodou the service charge as an amount on its own line, such as service charge, 20% of $5,544, $1,108.80; it never adds one by itself. Which lines are taxed, and whether a service charge is, depends on where you work: check with your accountant, and Clodou applies the rate you set, per line if needed.
Step 1
Quote Brightwater Labs for their launch on May 6: 120 guests at $42 per person, 4 servers for 6 hours at $35 an hour and rentals at $480. 8% sales tax on the food and rentals, none on staffing. Note: $2,000 deposit to secure the date, final count due April 29.
Finds Brightwater Labs and creates quote DEV-0040 with three lines: catering, 120 guests at $42, $5,040.00; servers, 4 for 6 hours, 24 hours at $35, $840.00; rentals, $480.00. Sales tax at 8% on food and rentals is $441.60, so the total is $6,801.60, and the terms print in the note.
Step 2
Brightwater accepted and paid the $2,000 deposit. Turn DEV-0040 into an invoice and record the deposit on it; I'll send it after the final count.
Creates draft invoice INV-0060 for $6,801.60 with the same lines, taxes and note, plus a reference to DEV-0040, and shows an approval card to record $2,000 received. Once you approve it, $4,801.60 is still owed and the invoice stays a draft.
Step 3
The final count for Brightwater is 132 guests. Update INV-0060.
Changes the catering line on draft INV-0060 to 132 guests at $42, $5,544.00. Sales tax on food and rentals is now $481.92, so the total is $7,345.92, with $5,345.92 still owed after the deposit.
Step 4
I sent INV-0060 after the event, and Brightwater paid the $5,345.92 balance.
Marks INV-0060 as sent and shows an approval card to record $5,345.92 received. Once you approve it, the invoice is marked paid.
Quote Brightwater Labs for their launch on May 6: 120 guests at $42 per person, 4 servers for 6 hours at $35 an hour, rentals at $480
The final count for Brightwater is 132 guests: update the draft invoice
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