Things to note:
"ACCOUNTS" is where you set up your CoGS categories, your labor job positions, Direct Operating Expenses, or other expenses like taxes.
We pre-install BACON with the categories that will work for most restaurants, but you may want to add, edit, or tweak these to what you are currently using.
It is not necessary to go into great detail on your accounts. If you are unsure of best practices for your situation, it is recommended to schedule a strategy call with Ryan.
Click ACCOUNTS from the left navigation bar.
CHOOSE WHICH MAIN CATEGORY YOU WILL ADD THE ACCOUNT(SALES, LABOR, DoE, EXPENSE, DISCOUNTS) THEN CLICK ON THE PLUS SIGN(TOP RIGHT)
TYPE THE NAME and CHOOSE IF ITS UNDER THE MAIN CATEGORY or a sub-account under existing ones.
Note: Account Number is optional, used for categorization or if you have a payment processing/bank account connected to this category for reference purposes.
Additional Settings for Labor Accounts:
By default, Labor accounts added will be set to input hourly rates. However, some jobs will have fixed salaries and a lot of other countries do not pay hourly.
FIRST, SET WHETHER YOUR FIXED SALARY JOBS ARE PAID MONTHLY, BI-MONTHLY, WEEKLY, ETC. GO TO 'Settings' AND CHOOSE 'Adjust Your Payroll Settings'
IT WILL SHOW THE LABOR SETTINGS SCREEN, SET YOUR PAYROLL PERIOD
Note: 'Employer Contributions' settings are optional, only used if you want to calculate Insurance, Benefits, Fees and Taxes for your Labor.
THEN GO TO YOUR LABOR ACCOUNTS AND CLICK ON 'Edit'
AT THE LABOR JOB SCREEN, SPECIFY 'Yes' IF IT HAS A FIXED SALARY AND THE SALARY AMOUNT
TIP: If you're adding a new Labor Account, you can set whether it's a fixed salary immediately without going to the Edit function.