ACCOUNTING-MANUAL-FINAL2 (1).docx - I PROFILE DESCRIPTION...

I. PROFILE DESCRIPTION
BRIEF HISTORY
To own a restaurant has been a dream of Mrs. Bernadith Ipanag. She is an
insurance agent and have trusted co-workers which are her friends too. Due to that, an
idea struck her. She shared to them her plan of opening a restaurant and encourage them
to be her incorporators. They liked the idea and invested money. Last December 8, 2018
that dream turned into a reality. The restaurant was named “Donum Dei” which means
“God’s Gift” or “Gift of God” and is located at E-1 University Avenue, Juna
Subdivision, Matina, Davao City. It is a fine-dining restaurant which serve two options,
buffet and ala-carte. The place has a nice ambiance and classy as well. Donum Dei is a
restaurant run by a corporation. Seven months have passed and up until now the
business is in good shape and the operation still continues.
VISION
To serve happiness to our customers through delicious, quality meals and
extraordinary restaurant experience while working toward the greater good for our
employees, community and environment.
MISSION
To delight and nourish our customers with healthy, quality and delicious food
and excellent service at a reasonable price.
To understand our customer’s changing needs and constantly improve our
customer experience.
To generate a sustainable profit growth for our company’s shareholders.
To create long-term relationships with our business partners.
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To enhance our employee’s excellence, continuous development and
happiness.
To contribute to our society through initiatives that align with our corporate
social responsibility program.
GOALS
1. Customer Satisfaction and Loyalty
2. Generating Restaurant Traffic (means growing the client base and having
busier lunchtimes and dinner services)
3. Achieving Specific Financial Goals
4. Building the Restaurant Brand
OBJECTIVES
1. Improving accounting systems of your company.
2. Making an improved and simpler way of accounting transactions.
3. Producing an Accounting manual for your company.
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SWOT
STRENGTHS WEAKNESSES
 Outstanding customer service  Intense competition
 Relaxing environment  Expensive price
 Delicious food  Traditional management style
 Convenient location  Small place
OPPORTUNITIES THREATS
 Room to expand  Competitors are located nearby
 Changes in the consumer’s taste  Competitors offer cheaper price
 Health conscious trend  Rising cost of ingredients
 Gain customer loyalty  Government regulations
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II. CURRENT REVENUE CYCLE
a) Policies
- Cash are intact in the cashier and subject to reconciliation with
their daily sale at the end of the day.
- If not reconciled traced the cash shortage/over with their cash
voucher
- If not traced charged to cashier
b) Procedures
Flowchart Narrative
o Customer will ask a bill
o Cashier prepares the
Acknowledgment Receipt and
the Sales are automatically
record to the system
o Bring the receipt/bill to the
customer and get the
payment [can be cash, credit
or debit( BDO only)]
o Cashier will collect and intact