What Is This Report?
In plain terms, the Theoretical On-Hand report answers one question: how much of each product should be sitting on your shelves right now? It takes a starting inventory count, adds everything you’ve purchased since then, subtracts everything your POS says you sold, and subtracts any waste you’ve logged. The result is your estimated current stock — without having to physically count anything. This is different from the “Actual vs. Theoretical” report, which compares two inventory counts against sales. The On-Hand report only needs one inventory count as a starting point and projects forward from there.Where to Find It
Go to Performance > Theoretical Usage, then change the dropdown from “Actual vs. Theoretical” to “Theoretical On-hand”.How the Calculation Works
The formula is straightforward: Theoretical On Hand = Starting Inventory + Purchases - Sales - Waste Where does Garde get each piece?- Inventory — You take this one. Garde needs at least one count to start from.
- Purchases — Pulled from the invoices you upload.
- Sales — Pulled from your POS (Toast, Square, Clover, or ChowBus). Requires at least some PMIX mapping to be in place.
- Waste — Optional. If you’re using the Waste Log, that data gets factored in.
The report always calculates through yesterday, since Garde won’t have today’s data yet. If you’re looking at the report on Wednesday, the numbers reflect data through Tuesday.