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How to set date in the Alcohol Inventory

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hey there dave allred the real barman here from bar patrol.net and the realbarman.com so today im going to tell you exactly how to master your bar inventory in six simple steps and for those of you new to me and my youtube channel i provide a myriad of tutorials and lessons on how to run a successful bar and restaurant but my first love and expertise is inventory management and thats how i started bar patrol i used to help dozens of bars around the san francisco bay area doing full inventory accounts and audits for them and saving them thousands of dollars per month and i know that county inventory is a pain in the ass and i know it can be overwhelming so today im going to give you an easy six step process from beginning to end so you can organize your inventory and track your inventory and determine your cost percentage all right and whether you want to use something like bar patrol app to make things easier or you want to go old school and just keep counting on count sheets either

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How much inventory should I have for a bar?

The inventory ratio that I recommend for optimal inventory is 15%. So if your sales were $75,000, you should have about $11,000 $11,500 of inventory on-hand. In this case, that would mean you would need to cut your inventory by about $3,500 $4,000, which is a big difference.

How do you do inventory for a bar?

How to take a liquor inventory Follow a consistent method. Set a dedicated time for inventory counting. Keep a record of inventory received since last count. Count inventory at the front bar. Use the tenthing counting method. Repeat inventory for back bar and storage. Calculate the final numbers.

How often should a bar do inventory?

How often should you do bar inventory? The most efficient bars and restaurants do bar inventory every 2 weeks. Some bars even do inventory weekly to maximize their benefits from the inventory process. You can determine the proper frequency for your bar based on its performance and size.

How do you calculate beverage inventory?

To calculate inventory usage, have starting, ending, and received inventory information. You must gather invoices and add the number of acquired products, which is often easier with bar management software. Once you have an accurate number for all three inventories, use the data to find your usage rates.

What is the formula for bar inventory?

How is restaurant and bar inventory usage calculated? Inventory usage is calculated with a fairly straightforward formula: Opening inventory + purchases received - closing inventory = inventory usage.

How do you manage inventory in a bar?

Managing bar inventory doesnt have to feel insurmountable, especially if you follow these proven steps: Step 1: Determine what your bar needs on hand. Step 2: Reduce spoilage and unnecessary carrying costs. Step 3: Take inventory regularly. Step 4: Place orders on schedule and as needed.

How do I make a bar inventory spreadsheet?

Heres how to create a bar inventory spreadsheet: Step 1: Decide on the columns. The first step in creating a bar inventory spreadsheet is to decide what information you want to track. Step 2: Decide how you will maintain your information. Step 3: Input information. Step 4: Set up formulas. Step 5: Save and back up.

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