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RanceLab Software User Help

Main Menu > Warehouse Management  > Reports (F&B) > Variance Report

This is a very important report for restaurants, sweet shops and fast food joints, because recipe is used to maintain inventory inflow and outflow.

In this report you can easily find the differences between your estimated consumption and actual consumption.

This way you can easily catch:

Mistakes (erroneous data entry)

Mischief

 

Columns in the Variance Report:

Columns in the variance report are as follows:

Sub Group

Shows Sub Group name.

Product

Shows product name, show only products present in the Consumption, Wastage, Shortage and Excess.

Unit

Shows unit name.

Consumption

Shows actual consumption quantity entered for the item in give date range.

Wastage

Shows actual wastage quantity entered for the item in give date range.

Shortage Excess

Shows actual shortage or excess quantity entered for the item in give date range.

Actual Uses

Total quantity actually used as per Consumption + Wastage + Shortage / Excess.

Estimated Uses

Total estimated usable quantity as per the recipe.

Variance Qty

Difference quantity between Actual Uses and Estimated Uses.

Variance Loss / Gain

Difference amount between Actual Uses and Estimated Uses.

 

Buttons in the Variance Report:

Buttons are explained in Using Reports (Register). Buttons specific to “Variance Report” are discussed here:

F4 Ledger

To open stock ledger report based on selection.

^F5 Recipe

To open product recipe creation screen based on selection.

 

Example

Recipe of 1 kg Potato Chips

 

Production department has entered:

 

Now go to variance report here you can find the Difference as follows:

 

As per recipe (Kg)

As per actual (Kg)

Difference (Kg)

Potato

21

30

9

Oil

3.5

5

1.5

 

Need a column “Location Name“ in Variance Report

Solution: In Variance Report ( W>F>R ), a column chooser field ‘Location Name’ field has been added.