Inventory product reports
Inventory product reports pull data from your product setup information and then outputs specific calculations to give you an in-depth look at each product's overall costs and profit potential.
By studying your inventory product reports, you can quickly tell if a product's profit potential is too low or a cost percent is too high based on your standard pricing and pour size.
If a product isn't as profitable as it should be...
A price adjustment might be needed. You can use the price calculator (see using the price calculator) to learn how product price changes will help your bottom line profits first, without having to make changes in product setup.
Things to know:
1) Product reports breakdown each product's profit potential by showing you how many pours or servings you get from a bottle, case, keg, or unit. You will learn what it costs you for each of those pours or servings, each product's true cost percent, actual profit you make per pour or serving, and your total profit potential.