Why is opening and closing stock important?
1. Keeping track of opening and closing stock helps head chefs to efficiently manage and control their stock to minimize the risk of waste, track product…
Food cost
Topic
FAQ
What is opening and closing stock?
Closing stock is your inventory or estimated inventory, if you do not have a counted stock account. Opening stock is the closing inventory from last month.
Food cost
What is turnover days and how is it calculated?
Turnover days is how many times an average stock is being converted into sales. Fewer turnover days means that you are selling your food quickly and…
Food cost
What do I enter in the Purchase column?
Manually enter the total value of your food purchases as a lump sum in the Purchase column on the day they are delivered, excluding VAT.
Food cost
What are my routines in the Food cost cockpit?
1. Enter the total value of your food purchases as a lump sum in the Purchase column on the day they are delivered, excluding VAT.
Food cost
How do I know if I am scheduling according to activity?
Reaching the monthly productivity target is your key goal. Keeping the blue hours bars as close to the yellow line (SMART Forecast) as possible means that…
Cockpit
How do I enter the rates?
The rates that you see in the cockpit are picked up from the Budget & Forecast module. In the Budget & Forecast module, you can enter…
Cockpit
What are the rates and how are they calculated?
Rates are average total labor cost per hour in the department (cockpit). It should include taxes and social charges. These are calculated by dividing the total…
Cockpit
Why do the planned hours in the Timekeeping System (TKS) not match PMI?
The planned hours in the time keeping system are only calculated for the length of time that the Schedule Horizon is set. After that, PMI uses…
Cockpit
What is min/max hours?
The Min and Max settings allow you to set the minimum and maximum hours required in a department for each day of the week. Using this…
Cockpit