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Recipe Costing

Learn how to build recipes and understand your true food costs with Tally's automated costing system.

~45 minutes
Automated calculations

Building Your First Recipe

Step 1: Create Your Recipe

Build recipes with ingredients and quantities

  • Enter the recipe name and description
  • Add all ingredients with specific quantities
  • Set the number of servings the recipe makes
  • Include preparation time and difficulty level

Step 2: Add Ingredient Quantities

Specify exact amounts for accurate costing

  • Use consistent units (cups, pounds, ounces, etc.)
  • Include waste factors for ingredients that lose weight
  • Account for preparation losses (trimming, peeling)
  • Set portion sizes for individual servings

Step 3: Link to Current Prices

Connect ingredients to your vendor prices

  • Match ingredients to products from your invoices
  • Use the most recent prices for accuracy
  • Set up price alerts for significant changes
  • Handle seasonal price variations

Step 4: Review Cost Breakdown

Analyze your recipe costs and margins

  • See cost per serving and total recipe cost
  • View profit margins at current menu prices
  • Identify high-cost ingredients
  • Compare costs across similar recipes

Example: Chicken Caesar Salad

Chicken Caesar Salad

Serves 4 people

$$2.28 per serving
Ingredient
Quantity
Total Cost
Cost per Serving
Chicken Breast
1 lb
$4.50
$1.13
Romaine Lettuce
1 head
$2.00
$0.50
Caesar Dressing
1/2 cup
$1.20
$0.30
Parmesan Cheese
2 oz
$1.60
$0.40
Croutons
1 cup
$0.80
$0.20
Total Recipe Cost
$9.10
$2.28

Menu Price

$14.00

Food Cost

$2.28

Profit Margin

83.7%

Best Practices

Start with your most popular dishes

Focus on items that represent 80% of your sales for maximum impact.

Include all ingredients, even small ones

Spices and seasonings add up. Include everything for accurate costs.

Update prices regularly

Set up price alerts to catch significant cost changes quickly.

Test your recipes

Make the dish and verify the quantities match your recipe.

Common Mistakes to Avoid

Not accounting for waste

Include waste factors for ingredients that lose weight during preparation (meat trimming, vegetable peeling).

Using outdated prices

Upload new invoices regularly and update prices when they change significantly.

Inconsistent units

Use the same unit system throughout (all in pounds, or all in ounces) for easier calculations.

Forgetting small ingredients

Include spices, oils, and seasonings. They add up and affect your margins.

Advanced Costing Features

Tally includes several advanced features to help you get the most accurate costs:

Sub-Recipes

Create reusable components like sauces and marinades that can be used in multiple dishes.

Seasonal Pricing

Set up different prices for ingredients that vary seasonally to maintain accuracy year-round.

Waste Factors

Automatically account for preparation waste and cooking losses in your cost calculations.

Price Alerts

Get notified when ingredient prices change significantly so you can update your recipes.

Ready for Vendor Management?

Now that you understand recipe costing, learn how to set up your suppliers and manage vendor relationships.