Do you track your Cost of Goods sold? SP-1 has the ability to show you your COGS on the fly three different ways!
1) Check out the Business Summary (Reports | Daily Sales Recap | Business Summary). This will show you the current COGS. If you input a time frame, it will show the COGS for that time frame. If you display the report, you can see greater detail as we show the actual total dollar amount of the COGS as well as the percentage.
2) Dashboard method. The dashboard is a great way to quickly see COGS. Simply select the dashboard button and enter a user code and password. The COGS, and other information, will appear!
3) MobileDash method. There is a cost to the MobileDash ($10/month) but if you are using it, you will receive hourly updates to the COGS along with other information.
Posted in Reporting Tagged with: cogs, Cost Of Goods Sold
How to cut costs?
In today’s world we are seeing costs on items continue to rise. Our coffee and specialty beverage customers have been hit with costs of coffee increasing to it’s highest levels in 13 years.
So, what does this have to do with POS? A LOT. When costs skyrocket, mistakes and control become even more important.
Take the first step by implementing controls over mistakes of pricing and product. A Zero Training POS system allows you to make sure your employees are doing their best to get correct prices out to your customers. This eliminates the shortages that occur when employees are quoting wrong prices. Even a few cents off can make the differences when costs are involved!
Tracking your inventory? If not, then you are probably not tracking your waste either. Even just tracking waste on a couple of your key items will help you save money and help you cut your costs.
Implementing a full inventory control system takes it a step further by showing you your cost of goods sold (COGS) on the fly. Portion control can be managed by having precise portions printed in the kitchen. This allows your employees to stop the overages of food that cause a waste and inventory issue.
So give it a shot – call us and ask how we can help you at least trim your costs and get better control over your location.
Contact us at:
8326 Woodland Ave. E
Puyallup Wa 98371
Posted in Order Entry, POS Features, theft, Uncategorized Tagged with: cogs, costs, inventory