Reporting Sales and Returns to/from Hospitality Customers Sample Clauses

The 'Reporting Sales and Returns to/from Hospitality Customers' clause requires parties to accurately document and communicate all sales transactions and product returns involving hospitality industry clients. Typically, this involves regular submission of detailed sales and return reports, which may include information such as quantities sold, dates, and reasons for returns. By establishing clear reporting obligations, this clause ensures transparency in business dealings, facilitates accurate accounting, and helps resolve discrepancies between suppliers and hospitality customers.
Reporting Sales and Returns to/from Hospitality Customers. 1. The Hospitality Customer’s LCRB-issued licence number must be valid and customer must be eligible to purchase alcohol for resale on the date of the sale. 2. The Hospitality Customer must have registered for and received a PST (Provincial Sales Tax) registration number. 3. Each individual sale (sales order) must be reported on a separate document, indicating the Hospitality Customer licence number. 4. The sale and reporting must be complete using the LDB Established Retail Price and applicable sales taxes effective on the date of the sale. INFORMATION ONLY - Transaction Date – the date when the original sale occurred. The date defines the price being in effect for all transactions reported on this document. - Transaction Number (Invoice Number) – a reference number that uniquely identifies the sale or return document. - Customer Number – the Hospitality Customer’s licence number assigned by the LCRB. - Name and Address of the Customer. - Customer Type – Hospitality (“LIC”). - LDB Product Number – (SKU) and description. - Price – LDB Established Retail Price as of the date of transaction. - Quantity – sold, in selling units as per the LDB product registration. - Container Deposits – container deposits you collected. Please note that the LDB online reporting system will calculate the deposit amount owed based on the sales reported but you may want to compare it with the amount you collected to identify any errors.
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Reporting Sales and Returns to/from Hospitality Customers. 1. The Hospitality Customer’s Liquor and Cannabis Regulation Branch issued licence number must be valid and such a customer must be eligible to purchase alcohol for resale on the date of the sale. 2. The Hospitality Customer must have registered and received a PST (Provincial Sales Tax) registration number. 3. Each individual sale or return must be reported on a separate document, indicating the Hospitality Customer’s Liquor and Cannabis Regulation Branch licence number. 4. The following information is required for online reporting for Hospitality Customer sales
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Reporting Sales and Returns to/from Hospitality Customers. 1. The Hospitality Customer’s LCLB-issued licence number must be valid and such a customer must be eligible to purchase alcohol for resale on the date of the sale. 2. The Hospitality Customer must have registered for and received a PST (Provincial Sales Tax) registration number. 3. Each individual sale (sales order) must be reported on a separate document, indicating the Hospitality Customer licence number. - Transaction date – the date when the original sale occurred (system pricing in affect according to date). - Transaction Number (Invoice Number) – a reference number that uniquely identifies the sale or return document. - Customer number – the Hospitality Customer’s license number assigned by the LCLB. For your Winery lounge or special event endorsement areas, use your LCLB-issued Manufacturer License number. - Name and address of the customer. - Type of the customer- Hospitality (LIC). - LDB Payment Type – defines how the sales proceeds for this specific sale transaction will be remitted to the LDB: by the Commercial Winery as a part of the revenue deposit (‘Cash’), or to be charged by the LDB directly to the Hospitality Customer (‘PAP’/’HOC’). The latter option is only available to authorized Commercial Wineries and is only applicable to sales/returns to the Hospitality Customers that have an active direct deposit agreement with the LDB. - LDB Product Number - (SKU) and description. - Price - LDB Established Retail Price as of the date of transaction. - Quantity - sold, in selling units. - Container deposits you collected - please note that the LDB reporting system will calculate the deposit amount owed based on the sales reported but you may want to compare it with the amount you collected to identify any errors.
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Related to Reporting Sales and Returns to/from Hospitality Customers

  • Tax Accounting Services (1) Maintain accounting records for the investment portfolio of the Fund to support the tax reporting required for “regulated investment companies” under the Internal Revenue Code of 1986, as amended (the “Code”). (2) Maintain tax lot detail for the Fund’s investment portfolio. (3) Calculate taxable gain/loss on security sales using the tax lot relief method designated by the Trust. (4) Provide the necessary financial information to calculate the taxable components of income and capital gains distributions to support tax reporting to the shareholders.

  • Fund Valuation and Financial Reporting Services (1) Account for Fund share purchases, sales, exchanges, transfers, dividend reinvestments, and other Fund share activity as reported by the Fund’s transfer agent on a timely basis. (2) Apply equalization accounting as directed by the Fund. (3) Determine net investment income (earnings) for the Fund as of each valuation date. Account for periodic distributions of earnings to shareholders and maintain undistributed net investment income balances as of each valuation date. (4) Maintain a general ledger and other accounts, books, and financial records for the Fund in the form as agreed upon. (5) Determine the net asset value of the Fund according to the accounting policies and procedures set forth in the Fund’s current prospectus. (6) Calculate per share net asset value, per share net earnings, and other per share amounts reflective of Fund operations at such time as required by the nature and characteristics of the Fund. (7) Communicate to the Fund, at an agreed upon time, the per share net asset value for each valuation date. (8) Prepare monthly reports that document the adequacy of accounting detail to support month-end ledger balances. (9) Prepare monthly security transactions listings.

  • Basic Financial Information and Reporting (a) The Company will maintain true books and records of account in which full and correct entries will be made of all its business transactions pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles consistently applied, and will set aside on its books all such proper accruals and reserves as shall be required under generally accepted accounting principles consistently applied. (b) As soon as practicable after the end of each fiscal year of the Company, and in any event within one hundred twenty (120) days thereafter, the Company will furnish each Investor a balance sheet of the Company, as at the end of such fiscal year, and a statement of income and a statement of cash flows of the Company, for such year, all prepared in accordance with generally accepted accounting principles consistently applied and setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial statements shall be accompanied by a report and opinion thereon by independent public accountants of national standing selected by the Company's Board of Directors. (c) The Company will furnish each Investor, as soon as practicable after the end of the first, second and third quarterly accounting periods in each fiscal year of the Company, and in any event within forty-five (45) days thereafter, a balance sheet of the Company as of the end of each such quarterly period, and a statement of income and a statement of cash flows of the Company for such period and for the current fiscal year to date, prepared in accordance with generally accepted accounting principles, with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made. (d) So long as an Investor (with its Affiliates) shall own not less than five hundred thousand (500,000) shares of Registrable Securities (as adjusted for stock splits and combinations) (a "MAJOR INVESTOR"), the Company will furnish each such Major Investor (i) at least thirty (30) days prior to the beginning of each fiscal year an annual budget and operating plans for such fiscal year (and as soon as available, any subsequent revisions thereto); and (ii) as soon as practicable after the end of each month, and in any event within twenty (20) days thereafter, a balance sheet of the Company as of the end of each such month, and a statement of income and a statement of cash flows of the Company for such month and for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied, with the exception that no notes need be attached to such statements and year-end audit adjustments may not have been made. (e) So long as any Series B Investor (with its Affiliates) owns any shares of Registrable Securities, the Company will furnish to three (3) Investors appointed by Atlas (as designated in writing to the Company) (i) at least thirty (30) days prior to the beginning of each fiscal year an annual budget and operating plans for such fiscal year (and as soon as available, any subsequent revisions thereto); and (ii) as soon as practicable after the end of each month, and in any event within twenty (20) days thereafter, a balance sheet of the Company as of the end of each such month, and a statement of income and a statement of cash flows of the Company for such month and for the current fiscal year to date, including a comparison to plan figures for such period, prepared in accordance with generally accepted accounting principles consistently applied, with the exception that no notes need be attached to such statements and year end audit adjustments may not have been made; provided, however, that after the termination of that certain Consulting Agreement (the "Consulting Agreement") between the Company and Atlas, dated as of April 19, 1999, Investors who are holders of Registrable Securities issued or issuable upon conversion of Series B Stock, or upon exercise of the Warrants, shall only be furnished with balance sheets and statements of income pursuant to this subsection (e).

  • Reporting Certified Business Enterprises Upon request, the Contractor will report to the Department its spend with business enterprises certified by the OSD. These reports must include the time period covered, the name and vendor identification information of each business enterprise utilized during the period, commodities and contractual services provided by the business enterprise, and the amount paid to the business enterprise on behalf of each agency purchasing under the Term Contract.

  • Contract Quarterly Sales Reports The Contractor shall submit complete Quarterly Sales Reports to the Department’s Contract Manager within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). Reports must be submitted in MS Excel using the DMS Quarterly Sales Report Format, which can be accessed at ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department’s Contract Manager. If no orders are received during the quarter, the Contractor must email the DMS Contract Manager confirming there was no activity.