Tracking variance is available to:
Plans: Team and Scale
Team Members: Account Owner and Managers
Gain the ability to Track Variance.
Click on the track variance button taking a snapshot of your menus current Menu Cost %, Revenue and Total Profit.
Next make some changes! Adjust sales prices, quantity sold, even add or remove menu items, even adjust the menu items themselves. You will see the difference each change makes compared to when you took that variance snapshot! Giving you a look at the Current results and the actual variance from the original!
For a quick walkthrough of creating a New Menu and seeing what our Menu Features has to offer Follow Along Here!
The first step for Menus is to Enter your Quantity Sold:
With your Sell Price and Quantity Sold information filled in you can now see much more added information! The Menu can provide you with Profit Margin, Revenue %, Gross Profit and the % of Sales for each Menu Item.
Another added Menu Feature gives you the option to Import your Sales Data with a spreadsheet! To learn more about that feature see our article: How to Import Menu Sales Data.
The Menus Features also brings you the Total Menu Data! Your total Menu Cost % Total Revenue and Total Profit!
With the increased sales data that our Menus Features provide, you can analyze your costs more in-depth. You can adjust Sell Prices to see the differences in profits, compare food costs and adjust recipes and Menu Items to get new information immediately.