The Profit and Loss, or Income Statement, compares all of the income from your Restaurant Organization against the expenses entered for each Location to view your net profit. Within this report, there are expenses that are controllable, meaning that your Organization has control over how certain money is spent.
The Profit and Loss example below breaks down the Sales and Operating/Controllable Expenses as well as links to their corresponding training articles. Review these to assist you in understanding the breakdown of Operating/Controllable Expenses in your P&L report.
Sales |
Comps & Discounts |
Prime Cost |
Labor Cost Daily Sales (Payroll Estimate) Payroll Journal Entry |
Operating (Controllable) Expense AP Invoicing Bank Expenses Journal Entry |