Money In, Money Out: Understanding Your Finances
Learn how revenue from orders and costs from ingredients and expenses come together in BakeOnyx to give you a clear picture of your profitability.
Learn how revenue from orders and costs from ingredients and expenses come together to give you a clear picture of your profitability.
💰Revenue
→
🧂COGS
🏢Expenses
→
📊Net Profit
⚠️ The #1 Rule: Never double-count costs
| Cost Type | Where to Enter | Example |
|---|---|---|
| Goes INTO a recipe | Purchase Orders | Flour, sugar, butter, eggs |
| Keeps business running | Expenses | Rent, electricity, insurance, marketing |
Reports to Check
| When | Report | What It Tells You |
|---|---|---|
| Weekly | P&L Summary | Are you making money this week? |
| Monthly | Food Cost Report | What % of revenue goes to ingredients? Target: 25-35% |
| Monthly | Expense Report | Breakdown by category, budget vs actual |
| Quarterly | Customer Report | Who are your biggest revenue drivers? |
💡 Pro Tip
Record expenses as they happen, not at month-end. Check P&L every Friday — takes 30 seconds, keeps you aware. If food cost exceeds 35%, investigate immediately.
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