Cost center- One slice of the event with its own revenue and its own costs, so you can see which parts pay for themselves. Venue, Bar, Catering, Service Fee, Wedding Package and Card Processing. The target for each is 40%.
Other / Unallocated- A residual bucket — anything no named center claimed. It exists so the math always reconciles. On a normal event it should be at or near zero; a large number means something is being charged that is not mapped to a center.
Service fee- 25% of bar and food pre-tax. It funds bartenders, servers and floor staff. It is not a gratuity, is not distributed as one, and whatever remains after paying the floor, Slate keeps.
Pass-through- A charge collected from the client and paid straight out, netting to zero for Slate. Security and card processing are the two main ones.
Day premium- A multiplier on the venue fee set by the day of the week. Saturday 100%, Friday 50%, Thursday and Sunday 25%, Monday to Wednesday none. It follows the event date automatically.
MBGRT- Oklahoma's mixed beverage gross receipts tax, 13.5% on liquor. It is levied on Slate as the licensee rather than on the customer, which is why a tax-exempt client does not escape it.
Liquor budget- What Slate expects to spend on product, defaulting to 33% of the client bar price. It sets the Bar cost center's margin.
Drinking guests- The subset of the guest list who will be served alcohol. Defaults to the total; override it when a meaningful share will not drink.
Execution budget- On a wedding, the flowers allowance plus décor labor plus Valentina's planning hours plus the miscellaneous allowance. What that wedding may spend to deliver what was promised.
Proposal ID- The tracking number on every proposal, formatted #YYYYMMDD-LastName from the event date and the signing client's surname.
Ops Brief- The internal document — every cost, margin, roster line and cost center. Never give it to a client.
Catering Only- A mode for a client who already booked the room and is adding food. Venue and bar drop to zero and their fields grey out.