Tag: Restaurant Accounting Software

Gross Profit - Theoretical vs Actual
Restaurant Accounting Software

The difference between Theoretical and Actual G.P. and C.o.S. | Kitchen CUT

It may seem obvious that managing an F&B business requires a basic knowledge of theoretical vs actual gross profit and cost of sales, but the shocking fact is that many businesses are not keeping track of these figures and are getting them confused. Knowing the difference between your Theoretical Cost of Sales/Gross Profit and Actual…

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