Instructions for CNIPS Financial Reporting for School Nutrition Programs. May, 2014. What ?. This report is a summary of revenue and expenditures in Food service for the period ending June 30 of each year (after month 13). You will report this every year by August 1. WHY?.
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This report is a summary of revenue and expenditures in Food service for the period ending June 30 of each year (after month 13).
You will report this every year by August 1
Before completing the financial statement the following reports from MUNIS should be available:
Add Reporting Period July through June 2014
a. Program revenues are those collected from reimbursable meals. (N/A for CEP schools)
b. State matching reimbursement is sent once a year (usually in April)
c. Federal reimbursement is received monthly-only include reimbursement received for NSLP breakfast, lunch, after school snacks and FFVP.
a. Program Food Expenditures are those used to produce reimbursable meals. (see guidance for calculating)
b. Non program expenditures are those used for anything other than reimbursable meals or snacks.
c. Salaries are direct labor paid from food service
d. Employee benefits are those paid by the employer (school district-does not include on behalf payments)