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Stock Group Summary Details

Explaining the Stock Group Summary Screen

Jonathan Eve avatar
Written by Jonathan Eve
Updated over 6 years ago

The Stock Group Summary screen summarises your Stock Group (i.e. Food and Liquor) sales and purchases, and calculates a weekly Gross Profit based on these. This allows you to track your weekly stocks and GP%.  

Using the example above, the net food sales were £4115.44 for the week.

Opening Food Stock (if counted each week) - is the closing stock from the previous week, carried forward. 

Total purchases (cash and account): £1728.03

Closing Food Stock (if counted) - is the value of your food stock on site at the end of the week. 

£4718.27 + 1728.03 - £4782.74 gives a Cost of Goods Sold of £1663.56. 

This gives a Profit of £2451.88 for the week (Total Food Sales - Cost of Goods)

This converts to 59.58% ((2451.88 / 4115.44)*100)

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