Loss management in practice
If you work with losses beyond the use with cancellation reasons, this is possible with the Hypersoft Controller. Here you can automate and control inventory.
Losses are the consumption or disposal of goods that do not generate revenue. Reasons for loss are defined globally for the system and can be booked not only at Hypersoft POS and Hypersoft mPOS but also, for example, directly in Stock Management or in the Kitchen Monitor System.
It can be very helpful to delimit losses within the cost of goods. You will then receive evaluations of your cost of sales with losses and without losses. If, for example, you plan with a cost of goods of 30% and post all losses separately, you can later evaluate the cost of goods in a kitchen more accurately. For example, you receive a cost of goods of 35%, but a cost of goods without losses of 30.5%. If "the kitchen" cannot directly control losses such as invitations, etc., this differentiated evaluation is therefore much fairer and therefore more effective.
Since losses arise in practice anyway, the authorization for the operators and thus also the obligation to book can only increase personal responsibility and operational overview. In addition, you can select in the operator authorizations which operators may book losses and which may not. Depending on your reporting settings, losses can be valuated at purchase price (recommended) or standard sales price.
A cancellation is the withdrawal of an order. This reversal must reverse the goods movement by adding the item back to inventory. If, on the other hand, the goods can no longer be taken back, they must be booked as a loss.
This task is perfectly solved by linking cancellation reasons with losses. By the exact classification of the cancellation reason the hypersoft system then decides whether a loss is booked at the same time or not.
Losses from the Order Center without Cost of Goods in the Report Manager
Losses can also be posted in the OrderCenter. These postings are used for evaluations by the Report Manager together with the loss postings from the POS system. However, the cost of sales report does not take into account the cost of sales from the order center's loss postings.
If you need this cost of goods in the evaluations, we ask you to post the losses via the cashier mode with any transaction.
Further documentation:
Hypersoft procedure on loss entries
Hypersoft procedure on loss entries
Cancellation and loss managementBack to the parent page: