What is Cost of Goods Sold?
The total direct costs a company incurs to produce the goods it sells, including the cost of raw materials, direct labor, and manufacturing overhead, essentially representing the "true cost" of the merchandise sold during a specific period; it does not include indirect costs like marketing or sales [...]
How often is my QuickBooks data refreshed?
Your QuickBooks data is updated every 20 [...]
What is cash on hand?
The total amount of readily accessible cash a person or business has at a given time, including physical currency and funds in easily accessible bank accounts,essentially meaning money that can be used immediately to cover expenses or make payments; it's considered a key indicator of a company's ability to meet short-term financial obligations. [...]
How to get started
Welcome to MRGN! We’re excited to help you streamline your restaurant operations and make smarter financial decisions. Getting started is fast and hassle-free—just follow this guide, and you’ll be up and running in less than two minutes! What You’ll Need Your QuickBooks Account: Ensure it has at least 60 days of activity so that MRGN can provide accurate insights into your restaurant’s financial [...]
How long will it take to get up and running on MRGN?
Under 3 minutes, it's just 3 simple steps to get started. Step-by-Step Process Create Your Account Sign up on the MRGN platform with your email address and a secure password. Connect Your QuickBooks Follow the on-screen instructions to link your QuickBooks account with at least 60 days of activity. This step ensures you get accurate financial projections tailored to your restaurant. Explore the [...]