The Sales and Labor Budget Chart displays the actual Sales and Labor next to their respective projected Sales and Labor budget goals. This report is beneficial in comparing the projections for both Sales and Labor, allowing the User to determine if his/her restaurant is on track to meet those goals.
To navigate to the Sales and Labor Budget Chart, click 'My Reports' in the Accounting Module and select 'Labor' in the top header. Once opened, a listing of reports will be shown.
Find 'Sales and Labor Budget Chart', as displayed in the image above, and select 'Customize' next to the report. This will open up a listing of all Report Parameters that can be used to define your report.
1) As Of - The date this report is ran as of
2) Base Projection On - The period of time that is compared to the date analyzed
3) Location - The selected restaurant locations that are assessed in the chart
4) Run Button - Runs the report
The Sales & Labor Budget Comparison Chart provides a clear cut view on the progress of Sales and Labor for the current week.
In the chart above, a line graph helps to differentiate the Projected Sales versus the Actual Sales to show whether the restaurant Location assessed is ahead or falling behind and by how much. The bar graph displays the amount of money spent on Labor compared to the budgeted amount. With a quick reference to the Labor budget percentage and the money left to spend on Labor for the week, a User can determine whether or not the restaurant is projected to meet the Labor budget. As of the date selected in the report parameters, the User can see if the the restaurant Location is ahead or falling behind on their Labor cost and by how much.