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Restaurant invoice sample for Finance

hello welcome to so Mecca today I will explain our restaurant financial model excellent so basically this template consists of three main sections save some pricing assumption fixed on startup cost and reporting part now we will dive into each of them but before that as you can see the dashboard has the settings part like this here you can input your menu items we have inputs on the menu items but you can input your product which you plan to sell in your restaurant or coffee for example van right here new product you can see your title in the Assumption section and go back to the settings and here as you can see sales channels our delivery rates we place three channels as an example sit down take away and online order ing to these sales channels you can define different pricing strategies for product for example when our customers prefer takeaway service you can sell it at a lower price so as a result these options will provide flexibility to your restaurant you can add or remove other sales channels and in this part you can change these options also for example projection yours allow you to predict monthly coffee budget from one to five years but it depends on your requirements about the feasibility Ferriero so if you want to change it the all of the reports will be updated and here you can put your starting date of your restaurant report articles will start with the selected date and your currency will be shown on your financial reports and lastly you can show or hide the instructions you can hide those now that's all about the settings part no let's check three main sections of the restaurant financial model so first of all in the assumptions section you can input your sales projections prices and the net cost firstly you will select your menu items and as you can see it's group will be appearing here automatically and select our sales channel from here and right there units price for salads minute cost and the sales volume for weekly and this section is important because your revenue projections is calculated ing to your sales goal and here you can select your sega's increase or monthly quarterly or yearly and you can select your price increase also yearly weekly or monthly here and this table as you can see we will calculate it with a simple multiplication of units and prices and it provides sales revenue total cost of the goods or results but you need to remember that white areas just for manual input so the gray cells has some automatic calculations and we don't recommend you to change it manually and also you can export the area with this button now let's go back to dashboard and let's make some assumptions for our fixed cost and the startup cost and these two sections are the main concern of your restaurant so understanding this cost will current and financial risk at the beginning an actus section you will input your salaries and other fixed cost assumptions and for example here you can start paying some of your labor salaries later afterwards you can see the effects of the salaries on the break-even analysis and in the second table you will input your other monthly expenses like rent electricity gas cleaning agency unlike that and it can be hard to accurately predict this cost however once you analyze these outputs you will able to make more accurate assumptions about your revenue but keep in mind that salaries and the fixed cost may increase by time so keep an eye on restaurant financial plan output reports to help you to decide all these increases so let's go back our startup cost and this section also essential for output results so it should cards careful planning and estimations time for calculator startup cost and input here later on it will appear on the break analysis now we can start to analyze our report outputs now our first support is financial statements so the template provides multi statements that flow into annual summaries easily basically three statements will appear in here income statement balance sheet and cash flow statement and here most of the variables come from the results of your assumptions every gray cell is automatically calculated five values so only place you should type manually is the white cell click here and input your values now about breakeven analyzes it's one of the effective way to lower your budget and capital risk and this section will help you to make your analyzes its various price on sales volume scenarios yearly quarterly or monthly and after that you can manage your budget assumptions in order to get positive side of the breaker and for other reports you can see your profits Abbott Airport for example you can see your profits ing to each product and also you can display the timeline as years or monthly and here sales practice will show it sales units for each product also and indirectly details again you will see all the revenue total for each products and here from this drop-down you can select your here and also you can select multiple year for your revenue details report and gross profit calculate margin by subtracting your cost of goods sold from your revenues and again you can select your year from destruction by select multiple items or you can select your months and as a result you will see a gross profit margin in here and you can see your visualized cross profit in here for your sales and cost of goods sold and finally summary support you will see your total amount of money that you pay your employees and again you can select your years from destruction and you can see your total amount again there's a visualized data for your salary port finally data source section consolidates all the data and inputs of your financial plan so don't make any manual changes in this section however if you are comfortable enough to modify this fry structure you can edit this section scrape much more customized reports with your data and that's all by using this relatives excel template you will start into your projections and see possible results of them thanks for watching and don't forget to check our other tablets from sonica website thank you you