Food Cost Template (Free Weekly Tracker)

This food cost template tracks your actual food cost % week by week: opening inventory plus purchases minus closing inventory, divided by food sales, against your target. It shows the variance in points and in money, so a bad week stands out before the month closes.

Download the template (.xlsx) Try it in your browser

Free, no signup, no email. Weekly and monthly tabs. Works in Excel, Google Sheets (File → Import), Numbers and LibreOffice.

Looking for what each dish should cost? Use the recipe costing template for one recipe, or the menu costing template for the whole menu.

Food cost template, weekly tab: opening inventory, purchases, closing inventory, food used, food sales, food cost %, a 30% target, the variance and the money over or under target for four weeks at a food truck
The weekly tab as you get it (example numbers): three weeks under 30%, one week at 33.5%, $215 over target. Four weeks to date: 29.9%.

What the food cost template tracks

Food cost % = (opening inventory + purchases − closing inventory) ÷ food salesCount food at what you paid for it. Use sales before tax.

Try it: your last four weeks

The same maths as the Weekly tab. Type your counts, purchases and sales.

WeekPurchasesClosing countFood salesFood usedFood cost %Vs targetStatus
Food cost to date — Food used — Food sales — Vs target —

Just one number for one period? The food cost percentage calculator does a single week or month.

How to fill it in

  1. Set your target food cost % and the date your first week starts.
  2. Count your food at cost and type it as the opening inventory.
  3. Each week, add up the food invoices, count again, and type the purchases, the closing count and the food sales.
  4. Read the status. A red week is over target; the money column says by how much.
  5. Find the cause of a red week: waste, portions, a price rise, or a delivery that landed just before the count.

Actual vs what it should be

Know what your food cost should be

The tracker shows what you spent. To see what you should spend, cost the menu: snap a photo of each recipe in FoodTechGuru, and the app prices every ingredient for your country and builds a menu Google Sheet with each dish's food cost % and the menu's average. If your actual % sits well above that, the gap is waste, portions or prices.

  • Free download; each recipe uses 1 credit
  • The menu sheet uses 5 credits on a Pro or Guru plan
  • On iPhone
Download on the App Store
Scan with your iPhone
Food cost % column of a FoodTechGuru menu Google Sheet: sell price, serving weight, food cost and food cost % per dish, with a 27.55% average and dishes over target in red
FoodTechGuru on iPhone: create a menu, add the costed recipes, then open the menu Google Sheet with food cost % per dish
The app's menu sheet for a taco truck: what the food should cost, dish by dish. Average 27.55%.

Food cost template FAQ

Is the food cost template free?

Yes. Download the .xlsx; there is no signup and no email. It works in Excel, Google Sheets, Numbers and LibreOffice.

How do you calculate food cost for a week?

Food used = opening inventory + purchases − closing inventory. Divide it by the week's food sales before tax. 1,765 used on 6,050 of sales is 29.2%.

Why does my food cost % jump from week to week?

Usually timing: a big delivery that lands just before a count makes one week look cheap and the next one dear. Watch the to-date figure as well as single weeks, and count at the same time each week.

What should I count as inventory?

Food on hand at what you paid for it: walk-in, freezer, dry store and the line. Leave out drinks, packaging and cleaning supplies, or track them on their own.

Weekly or monthly?

Both are in the file. Weekly catches a problem while you can still fix it; monthly lines up with your accounts.

Is this the same as a recipe costing template?

No. A recipe or menu costing template works out what each dish should cost. This template measures what you actually spent. Use both: the gap between them is waste, over-portioning or prices that went up.

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Know your real food cost every week

Excel or Google Sheets. Free, weekly and monthly.

Download the template (.xlsx)