Help center › Ingredients and prices
Updating prices when they change
Back from the store and some prices went up? Update them all at once, and PanProfit shows you which recipes lost margin, so you know what to charge now.
1Type the new prices
- Go to the Ingredients tab and tap Update prices.
- Every ingredient shows with its current price. In the ones that changed, type the new package price. Leave the rest as they are.
- Tap Save prices.
Changing one price is just as easy from Ingredients, with Edit. Either way, every recipe that uses that ingredient updates at once.
2See what changed
After saving, PanProfit shows you:
- Prices that changed: the old and new price of each, and how much it went up or down.
- Recipes affected: the cost per unit and the margin of each recipe before and after, the biggest drop first. A recipe whose margin fell to a lower level (from green to yellow, for example) is highlighted.
3Keep your margin (Pro)
With PanProfit Pro, each affected recipe also shows the Price to keep your margin: the selling price that leaves you the same margin you had before the increase. Tap Use to apply it, or update all of them at once.
PanProfit remembers every price you enter. With Pro, each ingredient shows how much it changed since the first price and a small chart of its history, so you can see which ingredients keep going up.
Butter goes from $4.00 to $4.80 a pound. Your chocolate chip cookies used to cost you $0.40 each and you sell them at $1.50: a 73% margin. Now they cost $0.45, and the margin drops to 70%. PanProfit shows that drop and, with Pro, the price that keeps 73%: about $1.69.
What's next
Write to us at hello@panprofit.com and tell us what you're trying to do. We usually answer within 2 business days.