How to automatically update cost price?

The restaurant owners/managers base on cost price of items to calculate selling price and manage costs. Then they can calculate profit.

Cost price of items is the sum of that of ingredients.
To automatically calculate and update cost price of items, please follow these steps:

 

Step 1: On management page, go to System settings\General settings\Purchase/Sale and check “Automatically update cost price of the item according to cost prices of the ingredients”

Step 2: Set up Ingredient recipe.

– After the accountant issues stock, unit price of the issued ingredient will be automatically updated to cost price.

And total amount of the ingredient recipe is based on the set quantity and unit. This will be added to cost price.

– For bottled drinks, cost price of the item is the issuing price of the ingredient

– For a combo:
+ If you do not check “Enter cost manually”, cost price of the combo is total cost price of all items in the combo
+ If you check “Enter cost manually”, cost price of the combo is manually entered by the user.

– The manager can check revenue and cost price of each item by going to the management page and go to Report/Select report/Profit by items

Moreover, based on cost price the owner/manager can decide whether to remain or increase selling price

Note:
1. If the restaurant just gets started with CUKCUK software:
– When setting up menu, the manager can import cost price of items and ingredient recipe
– When there’s any stock issue, the program will automatically update cost price of ingredient recipe and items.
2. If the restaurant is using CUKCUK and has set up ingredient recipe but cost price is entered manually:
– Go to the management page, check “Automatically update cost price of the item according to cost prices of ingredients”
– In the next stock issue, the program will load stock issue price of ingredients on the latest stock issue note to update cost price of the items.
3. If the restaurant sets to automatically update cost price
– If there’s no change of cost price compared to the previous stock issue, the cost price will not be updated.
– After issuing stock for sale, if there’s any change of cost price, the accountant can check it out immediately be clicking on the button Follow up cost price on Stock issue note screen.

The button “Follow up cost price” only shows on the last stock issue note and right after saving document. If the note is closed, this button will also be hidden. To check cost price again, go to Menu and check Cost price column.

Updated on 27/09/2022

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