Variance can be caused by many different factors.
If you would like assistance at any time, please reach out to the helpdesk at 855-225-5250.
Step 1: Identifying high-variance items
Follow the guide Investigating Variance - Actual vs Theoretical Cost Report
Step 2: Identifying potential causes of variance
Follow the guide Investigating Variance - Booking Journal
Step 3: Resolving variance issues
- Variance due to incorrect pricing:
- If the invoice cannot be edited AND it is on this most recent post period, please follow the steps to Create a Value Adjustment dated the same day as the invoice.
- If the invoice cannot be edited AND it happened prior to this most recent post period, please reach out to the helpdesk at 855-225-5250.
Note: your variance will remain for this count, as it corrects the previous error. However, your next inventory period will be correct. - If the invoice can be edited, continue to the next section.
- Variance due to incorrectly entered vendor orders:
- Verify that all vendor orders are in the system.
- Ensure all quantity, price, and conversion fields are correct using the relevant guide below:
Investigating Variance - Vendor Order Fields (Corporate)
Investigating Variance - Simple Receipt Fields (Franchise)
Please use the Common Liquor/Beer/Wine Conversions as a reference if needed.
- Variance due to incorrect previous count:
- Since you have already entered your counts for this period, your variance will remain for this count, as it corrects the previous error.
- Your next count should no longer have this variance issue.
For any continued issues, please reach out to the helpdesk at 855-225-5250.