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ACCOUNTING
FOR INVENTORY AND PRODUCT COSTING |
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Inventory management software helps
you identify inventory requirements, set targets, and report actual
and projected inventory status. Many companies suffer from poor
inventory control which leads to inefficiency and wasted capital
expenditures on products that sit on the shelf. With the right
software and techniques, you can optimize your inventory levels,
eliminate stock-outs, increase sales, and squeeze the most out of
your supply chain. Bizztec provides a real time, interactive picture
of how inventory flows through your organization and is fully
integrated with the accounting system to provide you with a 'big
picture' view of your business - in real-time. |
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Bizztec's fully integrated Inventory
and Product Costing module keeps you on top of your Inventory and
Gross Margins per product
- Maintain an
accurate inventory of all products, prices and period ending
totals
- Simple and easy
method to accurately costing your products
- Automatically
update all your product costs as product prices change
- Automatically
calculates cost when product is sold and adjusts inventory in
real-time
- Print easy to
read product construction sheets for every price list item with
instructions and other information important to managers and
staff
- Calculate the
product cost percentage and gross margin of each item on your
price list as well as the averages for each price list category
- Determine the
"theoretical product cost" based on how many of each
item you sell.
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Do
you operate a Restaurant or Hotel?? Bizztec has a
comprehensive restaurant inventory, recipe costing and food cost
control function. Written by food service professionals for food
service professionals, it features:
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Food and
beverage cost control
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Inventory
tracking and reporting
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Ordering and
purchase history
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Recipe costing,
resizing and write-up
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Menu sales and
profit analysis
Use
Bizztec's restaurant software to:
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Reduce food and
beverage costs
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Detect theft,
over-portioning and creeping vendor prices
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Cost and
re-cost recipes as ingredient costs change
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Determine menu
item profit contribution and other sales analyses
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Reduce stock
levels and order more accurately
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Bizztec's inventory
and cost control is flexible, comprehensive and universal and
can be used in a variety of manufacturing and inventory
intensive business environments:
- Bakeries
- Bars
- Casinos
- Chain
Restaurants
- Coffee Shops
- Commercial
Cooking
- Culinary
Schools
- Grocery stores
- Convenience
Stores
- Auto repairs
- Gas stations
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- Event Caterers
- Fast Food /
Quick Serve Restaurants
- Full Service /
Fine Food Restaurants
- Hospitals
- Hotels
- Institutional
Caterers
- Night Clubs
- Nursing Homes
- School Food Service
- All
businesses where inventory usage is involved
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FUNCTIONALITY
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