Adaco: Flash Report – Fourth & HotSchedules Customer Success Portal

Flash Report

This article describes how to run the Flash report.

To run the Flash Report go to Report Center > Accounting Reports > Flash Report
To open the report criteria screen, double-click Flash Report or select the report and Run Report, as per Fig.1

Fig.1 - Running the Flash Stock Report

Report Criteria

Enter report criteria to get desired results, as per Fig.2

Fig.2 - Report Criteria for the Flash Report

Fields	Description
Ordering Outlets	Populates with all Outlets as defined under Property > Setup > Location > Outlet [Default] but also allows for selected Outlets.
Date Range Option	Select Start and Ending Date: Generates the report for all activity that occurred for the From Date and To Dates selected. [Default]. Date Range by Period: Generates the report for the selected Posting Period according to the Fiscal Calendars defined at Property > Setup > Accounting > Fiscal Calendar

Report Results

When the Flash Report is generated for selected Outlets, and Start and Ending dates, the result should look similar to Fig.3

User-added image

Fig.3 - Flash Report results

Fields	Description
Posted Date From and Through	Displays the dates entered when generating the report
Outlet	The Outlet number as defined under Property > Setup > Location > Outlet
Outlet Name	The outlet name as defined under Property > Setup > Location > Outlet
Beginning Inventory Value	The period's beginning inventory Value. Beginning Inventory Value is calculated as closing Inventory as per count at the end of last Inventory period + all the transactions after closing period through to the day before the From Date.
Total Purchases	Monetary sum of all purchase orders received for the outlet for the given date range.
Requisition & Transfers	Monetary sum of all Outlet Requisitions + any transfers in or out of the Outlet for the given date range.
Inventory Adjustment	Displays any manual Inventory adjustments entered under Inventory > Inventory Adjustments. Includes all types of adjustments (manual, month end and interim adjustments) in Flash Report.
Usage Adjustments	Calculation: USAGE ADJUSTMENTS = RECIPES SOLD + RETAIL PRODUCT SALES
Closing Inventory Value	Calculation: CLOSING INVENTORY VALUE = BEGINNING INVENTORY VALUE + TOTAL PURCHASES + REQUISITIONS & TRANSFERS + INVENTORY ADJUSTMENTS + USAGE ADJUSTMENTS. Please Note: Closing Inventory value should match System on Hand of Outlet Variance Report.
Cost of Sales	Calculation: COST OF SALES = INVENTORY ADJUSTMENTS + USAGE ADJUSTMENTS.
% of Sales	Calculation: % OF SALES = [COST OF SALES/NET SALES] x 100.
Net Sales	Outlet Sales as entered in Accounting > Enter Outlet Sales or automated sales if the box at Property > Admin > Customization > Update Outlet Sales from POS Data is ticked.
Profit	Calculation: PROFIT= NET SALES - COST OF SALES
Gross Profit %	Calculation: GROSS PROFIT % = [PROFIT / NET SALES] x 100
Category	The category name and number.
Total	The sum of each column total.

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