For business owners in the food industry, having the opportunity to expand and spread your wings can be an exciting, busy and sometimes stressful time – with so much to consider when it comes to running multiple locations and keeping all those plates spinning. If high levels of organisation are one of the things that can help you through a tough time and ensures your businesses are running smoothly from day one, then Xero’s tracking categories can offer you that insight without the need for travel, in-depth investigation and time-consuming conversations.
Efficiency is a must for the modern business, and that’s when Xero’s technology comes in. Maybe you want to check up on the information and data from your flagship restaurant, or you’re looking to compare the success of multiple different facilities; with the Xero tracking categories system, you can do so in seconds, making managing quicker and more efficient than ever before.
Why choose Xero?
For flexible management, reporting and data analysis, Xero has the tools you need to run your food empire effectively no matter where you are in the world, with all the information you need to make a success of your multi-location food business. A well-known name in the industry, this tool is used by many restaurants to gain a quick, easy and practical way to know everything you need to know in seconds.
There are very few limits to what you can do with the Xero system. You can access and analyse complete, detailed breakdowns of your locations in just a few seconds, and even set up individualised, tailored budgets depending on the needs and requirements for each restaurant. Not only that, but with Xero tracking technology you can also create and filter informative, flexible and easy to read reports for individual tracking categories, allowing you to go into further detail than ever before. If you’re a detail-oriented business owner, then Xero has the tools you need to make that process simple, providing detailed information in droves.
Whether you’re in need of an efficient way to view your locations’ various payroll reports, a practical way to see profits and losses in seconds, or you just want a report on how well you’re doing every single day, Xero’s tracking categories can help you achieve this with minimal set-up and long-term rewards. From transactions to overall profits, Xero can do it all for you at the click of a button. An informed business owner is a successful business owner, after all.
How to use Xero tracking categories
Already use Xero for your business, or think it could be a fantastic addition to your management process? Here’s how to use this smart system to set up tracking categories in minutes:
For Xero to work effectively, your food business can have up to two active tracking categories within the system, and each of these categories can contain up to 100 tracking options. Not only does this give you the flexibility to track what you want, when you want, it also gives you access to countless variations of your data. At least one tracking option is a must per tracking category.
First, go to Settings as your menu choice, and then select General Settings
Find the Reports title and select Tracking
Here, you can add your first Tracking Category
Enter the name of your Tracking Category under category name (for example ‘Location’), and enter your Tracking Option names under Category Options (i.e. ‘Bristol’, ‘Manchester’, ‘Birmingham’)
Save your Tracking Category.
That’s all it takes to set up your first tracking category – and you’re well on your way to having access to all your data in one practical, efficient and accessible location.
There’s so much you can do with the Xero system, it can be hard to know where to start. If you’re feeling a bit out of your depth, drop us a line today to find out more about what Xero can do for your food empire – and just how easy it is to be the master of your data with Xero tracking categories.