Theoretical Cost Setup

Theoretical cost can be utilized for clubs who are interested in keeping track of the costs of food and beverage menu items but not the inventory. Clubs have the ability to set up categories to track the costs without needing to track the specific inventory for these items. For example, setting up a burger topper category that can be associated with all menu items that use burger toppers and the cost of the category for each item.

Creating Theoretical Cost Categories

The first step in setting up theoretical costs in your Point of Sale is to create the different categories of costs that your club wants to track. Once the category is setup it can be applied to specific sale items and assigned the specific cost for that sale item. 

1. Click Admin
2. Click Manage Inventory
3. Click Theoretical Cost Setup
4. Click Add Category
5. Type in the Category Name
6. Click Ok

Applying Theoretical Cost to an Item

Once the theoretical cost category is created the next step is adding it to your sale items. The theoretical cost can be added to specific sale items for any amount. 

1. From Items and Departments, select the item you want to add a theoretical cost to
2. Click Next
3. Click Set Theoretical Costs
4. Select the Category from the list
5. Click Add
6. Click Set Cost
7. Type in the Theoretical Cost for this category
8. Click Ok
9. Add additional categories if necessary or click Ok
10. Click Save