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| Logging your incoming sales or gross profit (GP) and comparing it to your outgoing wages can be a fantastic way to achieve a properly forecasted roster, actively track sales for reports, and find discrepancies between your projections and what actually happened that week/fortnight.
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| To aid in ensuring full visibility of your data, you can also highlight when a wage percentage exceeds a certain amount, and even the option to track per department.
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| This information is different to [[Budgets]] but is part of the [[Advanced_Roster_Functions]] section, which is available in each individual roster.
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| You can also grab the Sales vs. Wages data from [[Reports#Sales.2FWages|Reports]] for previous roster/pay periods, which can be exported into Excel.
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| To get the best out of the Sales vs. Wages report, Projected Sales/GP data must be entered; this can be completed as you're creating the roster, or can be backdated.<br>
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| Actual Sales/GP data is manually entered either in the timesheet or backdated in the roster for the same period. If you're lucky enough and use one of the [[Point of Sale]] systems that we integrate with, we may be able to pull your data automatically.
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| Before we get to the fancy stuff, let's enable the tool and have a look at the difference between Sales and Gross Profit, and how Sales vs. Wages works.<br><br>
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| ==Difference between Sales and Gross Profit==
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| Sales is incoming revenue stream into the business, based off selling your goods and services.<br>
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| Gross profit is the incoming revenue stream minus production/manufacturing costs and any overheads.<br>
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| Depending on which you would prefer tracking, it can change the wage percentage and calculations for this tool and report.
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| <br><br>
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| ==Enabling Sales/GP Tracking==
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| * Open up Wageloch and sign in.
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| * Click on the Settings cog in the top right and select General.
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| * Tick the box for Track wage percentages
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| ** Choose to track by Sales or GP
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| ** Opt for highlighting % or if you'd like to track per department.
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| * Click Done to save.
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