/ Resources / Knowledge Base / Inventory & Recipe / How to identify my actual food cost?
How to identify my actual food cost?
Identifying your actual food cost allows you to maximize your profits. To calculate your actual food cost:
Step 1: Visit Dashboard > Inventory
Step 2: Expand the Theoretical Stock Report.
Step 3: Select Filter by Value.
Step 4: Divide your Closing Stock Value by your Total Sales Value to get your actual food cost.
Note: You can also export and download the report by simply clicking the export button on the top right. Access and download your exported report for a period of 7 days by selecting Saved Reports.
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