Projections

 

The Projections portion of the Income Statement allows the user to project business based on prior sales, estimates of labor and food cost, and other operating costs.  It functions as a spreadsheet, allowing the user to change and manipulate certain figures to see their effect on the net profit.

 

Many figures on this report are calculated using values from the Fixed Percentages section (see below for more information).

 

The spreadsheet view of the report is broken into several tabs:

 

Sales

The Sales tab allows you to enter various sales figures by order type.  The Projection then calculates your expenses using these numbers.  You may also override coupon deduction value and money received on this tab.

 

Labor

The Labor tab estimates labor costs as a percentage of your sales.  The "Wages- Employee" number is calculated using the value set in the Fixed Percentages section (see below for more information).  The various tax rates are set in the System Accounts for "Employer Share - FICA", "Taxes - SUTA" and "Taxes - FUTA", respectively.  See System Accounts for more information.

 

You are able to manually add additional labor cost with the "Add Labor" button.  Labor cost added using this function can be removed with the "Delete Labor" button.  The original four accounts that are automatically added by the system cannot be deleted.

 

Delivery

The Delivery tab tracks expenses related to delivery orders: Driver Reimbursement, Vehicle Insurance, Vehicle Maintenance, and Vehicle Rental.  Driver Reimbursement is calculated as a percentage of Net Sales.  The percentage is set in the Fixed Percentages section (see below for more information).

 

Vehicle Insurance, Maintenance, and Rental values can be modified in their respective System Account entries.  Note that by default Insurance, Maintenance, and Rental are set to zero and as such do not appear in the Projection.

 

You are able to manually add additional delivery costs with the "Add Delivery" button.  Delivery costs added using this function can be removed with the "Delete Delivery" button.  The original accounts that are automatically added by the system cannot be deleted.

 

Other Control Expenses

This section tracks expenses that can be affected at the store level such as advertising, phone bills, and postage usage.  National Advertising is calculated using its System Account value.  Other controlled expenses can be added and removed with the "Add Control" and "Delete Control" buttons.

 

Non-Control Expenses

Non-Control Expenses are costs that are fixed: Royalties, Rent, and Insurance.  Royalties are calculated as a percentage of Royalty Sales.  The percentage is set in the Fixed Percentages section (see below for more information).

 

Rent and Insurance are System Accounts and as with the other sections, miscellaneous Non-Control Expenses can be added and removed with the "Add Non-Control" and "Delete Non-Control" buttons.