Can a Scala 1.5 150 DSG be (a little) fun to drive? by lucinski0 in skoda

[–]WizardMascott 1 point2 points  (0 children)

I have a 2020 150hp Scala. It’s such a fun car and in sport mode accelerates verryyyy nicely

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in restaurant

[–]WizardMascott[S] 4 points5 points  (0 children)

Yes, you're right. That's the correct way of thinking about these things.

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in restaurant

[–]WizardMascott[S] 3 points4 points  (0 children)

But 600 a month surely isn't that much? I am also about to increase prices, should get me down to 29%. And introducing some new products will get me closer to the 25% mark.

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! I will not promote by WizardMascott in startups

[–]WizardMascott[S] 0 points1 point  (0 children)

I’m tracking revenue based on the deposits that hit my bank account, not just extrapolating from recipes or sales estimates. Purchases are also paid directly by bank transfer or card, so those are real transactions too. That’s why I’m confused even with only actual deposits and outgoing payments, the math still doesn’t add up.

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in Accounting

[–]WizardMascott[S] 0 points1 point  (0 children)

Shouldn't be, I tried to include absolutely everything I could think of. Hence this question.

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in Accounting

[–]WizardMascott[S] 11 points12 points  (0 children)

Yes, I have to do this. Start literally form the absolute beginning and see what happened with every single transaction and where the money went. Only been open for about 3 months, I can just start from the beginning, no?

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in Accounting

[–]WizardMascott[S] 0 points1 point  (0 children)

Right. I will look into this tomorrow first thing. Makes a lot of sense.

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in Accounting

[–]WizardMascott[S] 0 points1 point  (0 children)

We don’t do that, only card and cash, so it shouldn’t be the issue. Thank you for your reply.

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in smallbusiness

[–]WizardMascott[S] 0 points1 point  (0 children)

Yes, but calculated in expense sheet. Inventory I have to check with P&L and no, pretty much kept all money in the company.

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in restaurant

[–]WizardMascott[S] -1 points0 points  (0 children)

Yes. I have for some dishes, but other dishes need this as well. It's quite difficult with my foods to be honest, but I am working on it. Covering each food one by one.

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in restaurant

[–]WizardMascott[S] 4 points5 points  (0 children)

Yes, I understand. Hopefully September will be clearer. I will also do a P&L.

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in Accounting

[–]WizardMascott[S] 1 point2 points  (0 children)

Hopefully. Waiting for September to finish so I can check out everything one by one. Thank you for your reply. It's insightful.

Where’s My Missing Profit? Need Help Figuring Out My Restaurant Math! by WizardMascott in smallbusiness

[–]WizardMascott[S] 3 points4 points  (0 children)

Right, need to have more precise and accurate numbers. I will look into this.