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welcome to a new video of pendulum force we want to go back to basics and explain finance for restaurants in a very easy way so everybody can understand today were going to show how to do a stock tech at the restaurant as we mentioned in previous videos the cost of goods sold is equals to initial stock plus purchases plus minus transfers or adjustments minus the final stock we can we know that the gross profit is equal to the sales minus the cost of goods sold so as we can see the initial and final stock are going to have a big impact on our gross profit so my goal for today is to show you how to do the stock tech in a very easy and systematic way this is the way i do it but you can use similar spreadsheets that do the same job this spreadsheet will show you what you have in your stock and then you can compare it with what you should have which is something your e-persistence would be able to tell you if there are discrepancies between what you have and what you should have these disc
