Understanding the Numbers: A Glossary of Key Terms
Nefi Garcia
Updated
Throughout our platform, you will encounter various sets of numbers. These may appear on the app or the website, and it's important to understand what they mean and how they are calculated. To better assist, we've provided a list of terms and their explanations below!
Net Sales
Net Sales
Value: The net sales amount calculated up to the most current transaction for today
Percent: Net sales today divided by the historical net sales average
Last *-day (day of the week)
Value: Same day last week up to the most current transaction time for today
Historic Avg
Value: The same day last year, going back 3 years, averaged together
Sales This Week
Sales This Week
Value: Sales from the start of your business week up to the most current transaction today for this week
Percent: Sales this week divided by the historical weekly sales average
Last Week
Value: All sales from start of business last week to start of business this week
Historic Avg
Value: Similar to same day last year except it's the same days of the week matching this week going back 3 years averaged together
Comps + Voids
Comps + Voids
Value: The comps and voids up to the most current transaction for today
Percent: Comps and voids today divided by the historical average
Promos
Value: Sum of all sales items marked as promotional up to the most current transaction for today
Percent: Promos for today divided by net sales for today
Historic Avg
Value: Comps and voids from same day last year, going back 3 years, averaged together
Percent: Historic average divided by net sales for the days from the historic period
Top Item Sold
Top Item Sold
Value: The item with the most sales today minus voids, revenue items, and mods
Top Seller
Value: The person with the most net sales so far today
Bottom Seller
Value: The person with the least net sales so far today
Labor Costs
Labor Costs
Value: Sum of the labor spent today, including overtime, but excluding salary employees
Percent: Labor spent today divided by net sales for today
This Week
Value: Sum of the labor spent during this business week up to this minute, including overtime, but excluding salary employees
Percent: Labor spent this week divided by sales for this week
Budgeted
Value: Sum of the labor scheduled today up to this minute, including overtime, but excluding salary employees
Percent: Labor scheduled for today divided by net sales for today
Employees Working / Scheduled
Employees Working/Sched
Value: X of Y employees where X is the current number clocked in, and Y is the number that are scheduled to be working this minute. If there is only an X, then there is no schedule made for this company right now
Actual Hours
Value: Sum of the labor hours spent up to this minute excluding salary employees
Budgeted Hours
Value: Sum of the labor hours scheduled up to this minute excluding salary employees
Purchases This Week
Purchases This Week
Value: Sum of vendor invoices that have been added for this business week
Percent: Purchases this week divided by sales this week
Last Week
Value: Sum of vendor invoices that were added for the previous business week
Percent: Purchases last week divided by sales last week
6 Week Avg
Value: Sum of the last 6 weeks' vendor invoices divided by 6. If a week was 0, it is excluded from the calculation
Percent: 6 week average divided by average sales for those 6 weeks
Open/Closed Checks
Open/Closed Checks
Value: X of Y checks, where X is open and Y is closed
Check Avg
Value: Sum of net sales up to this minute divided by the total number of checks including open ones
Avg Check Time
Value: Sum of the duration checks were open divided by the total number of checks rounded to the minute, including open checks
Total Number of Guests
Total Number of Guests
Value: Total number of guests who have visited today
Avg Guests per Check
Value: Total number of guests for the day divided by the total number of checks for that day
Avg Net Sales Per Guest
Value: Total net sales for the day divided by the total number of guests for that day
Petty Cash
Petty Cash
Value: Sum of on-hand cash deposited or taken from the register for payouts
Percent: Petty cash for today divided by net sales for today
Cash Payments
Value: Sum of check payments that were cash
Percent: Cash payments for today divided by net sales today
Revenue Items
Value: Sum of items sold marked as revenue items in the Point of Sale
Comments
0 comments
Please sign in to leave a comment.