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How To Generate POS Profit and Loss Report?

A POS (point of sale) Profit and Loss report is a document that shows the sales and revenue generated by a business against the cost of goods sold. To generate a POS Profit and Loss report, you will need access to your sales data, which can typically be found in your POS system or accounting software

First of all, you will need item sales data that has been sold through Rise POS

Secondly, you will need a recipe or a bill of material data along with the raw material cost.

Thirdly, you must make a purchase entry in the software for a raw material that you may purchase over a period of time.
It may happen that the price of the item may vary along with the ingredient cost (purchase cost) over a period of time.

The software will help you set the price according to the fluctuation of the purchase cost of raw materials which will help you decide your MRP of the dish.

 

 Here is a general overview of the steps you can take to generate a POS Profit and Loss report:

  1. Gather your sales data from your Rise POS system or accounting software. This data should include sales figures for each franchise, as well as information about the products and services sold.
  2. Organize the data by franchise or group of franchises. This will allow you to see the sales and revenue generated by each franchise.
  3. Rise POS uses a spreadsheet program, such as Microsoft Excel, to create a table or chart that displays the data. You can use pivot tables or charts to analyze the data and make it easy to understand.
  4. Include summary information, such as total sales and revenue, as well as any other relevant data, such as the number of transactions or average sale amount.
  5. Use the report to identify trends and patterns in your sales data, such as which services or products are performing well, and which may be underperforming. This information can be used to make decisions about how to improve your business, such as by focusing on high-performing products or locations.
  6. Once you have generated your report, you can use it to track your progress over time and make any necessary adjustments to your business strategies.

In summary, a Rise POS contribution report is a valuable tool for understanding the sales and revenue generated by your business, and for making informed decisions about how to improve your business. By gathering and analyzing your sales data, you can identify trends and patterns in your sales and use this information to make informed decisions about how to improve your business.




Please Follow the step For generating POS Contribution Report.

Login to Back Office > go to ‘Recipe’ from the left menu > go to ‘Recipe

Select shop from the ‘Select store’ > a list of recipes is displayed. In case the list is too long, you may search the recipe in the search box ‘Search recipe’ in the section ‘All Recipes’ > click on the recipe name to edit. A new window will appear.

Enter the stock of particular ingredients which you received now you are ready to sell the product. when you sell a particular product ingredient stock will reduce in the proportion to the recipe you entered earlier.

This respective reduction of ingredients can be checked Ingredient from the back office

Sample Template of Profit and Loss Report generated by Rise POS

Sample Template of Profit and Loss Report generated by Rise POS

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admin May 28, 2022 0 Comments

How to set Selling Price for Restaurants?

A bakery may contain many products and even services. Setting the pricing may be a task and it may consume a lot of time as the prices of raw materials may vary from place to place, time to time, thus pricing your products can be very challenging. Rise POS provides you with a feature for pricing all your products according to the Unit cost, it calculates the Unit price and sets the Selling price.

 

Unit cost refers to the cost of producing or acquiring a single unit of a product or service. This cost may include direct costs, such as the cost of materials and labor, as well as indirect costs, such as overhead expenses. Unit cost is used to determine the total cost of producing a certain quantity of a product and is also used to calculate profit margins.

 

Unit price, also known as the “cost per unit,” is the price at which a single unit of a product or service is sold. This can be calculated by dividing the total cost of the product by the number of units produced or sold. Unit price is used to compare the relative cost of different products or services and to determine the most cost-effective options for customers.

 

Selling price, also known as the “retail price,” is the price at which a product or service is sold to the customer. This price includes both the unit price and any additional costs, such as taxes, shipping, or handling fees. The selling price is used to determine the profitability of a product or service and to set prices for customers.

 

In summary, Unit cost refers to the cost of producing a single unit of a product or service, Unit price is the price at which a single unit of a product or service is sold, and Selling price is the final price at which a product or service is sold to the customer which includes unit price and additional costs.

Please follow the steps for item selling prices from Back office

  • Login To Back Office > go to ‘Product’ > click on ‘Bulk upload’. Select shop in the drop-down option of ‘Select Store’ > click on Update’
  • Rise POS

    Rise POS

  • After Update. click on ‘Download Item Selling Price’ > open excel File ’ > changes for excel file as per Requirement and Save the file.
  • After Click Update ( Before Uploading the file we should select ‘Upload Type’ as ‘UPDATE_ITEM_SELLING_PRICE’
  • Click On Update > click upload type as UPDATE_ITEM_SELLING_PRICE’ > upload file > save product list.

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admin November 2, 2021 0 Comments
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