Income Statement - Fixed Percentages

 

The Fixed Percentages function allows the user to input percentage constants for a variety of expenses. These figures will directly affect the income statement Projections and Actuals. Therefore, these percentages should be entered first. These figures represent your ideal operational percentages for each category.

 

Coupons - Reg

This field updates the coupon discount amount on the Sales tab of the Projection.  The percentage entered in the box is a percentage of Total Sales.  The coupon discount amount may also be manually edited on the Sales tab, see Projections for details.

 

Cost of Goods Sold

This changes the value of the Cost of Goods Sold field on the Sales tab of the Projection.  The percentage entered here is a percentage of Net Sales.

 

Wages - Employee

This field changes the value of the Wages - Employee line on the Labor tab of the Projection.  The percentage entered here is a percentage of Net Sales.

 

Driver Reimbursement

This field changes the value of the Driver Reimbursement line on the Driver tab of the Projection.  The percentage entered here is a percentage of Net Sales.

 

Royalties

This field changes the value of the Royalties line on the Non-Control Expenses tab of the Projection.  The percentage entered here is a percentage of Royalty Sales.

 

Royalties are a fee collected by specific franchisors as per a franchise agreement.  For many businesses (including all non-franchise businesses) the Royalties percentage will be zero as royalties are not being collected.

 

Advertising Fund

This field is used by certain Storenet reports and is not factored into the Income Statement reports.  To account for advertising costs, see the Control Expenses tab of Projections.

 

Customer Frequency, Active Customer, Advertising Return

These fields are used by certain Storenet reports and are not factored into the Income Statement reports.