The finance report report summarises sales across all your stores. You can use this report to:
Discover the number and value of sales, including your profit for a selected date range
Compare stock value at cost vs stock value sold
By default, the finance report shows all sales transactions in real-time across all registers and stores (in-store and online) for the last 30 days. Tap All stores to filter by a specific store.
The finance report is also filterable by date. Select either a pre-defined or custom date range to automatically filter the finance report. Tap Print to print, or save the report as a PDF from the print dialogue. Only the current filtered view will be printed.
The finance report is broken down into five sections: Sales, VAT summary, Gross profit, Payment types, and Stock. The Sales section includes layby orders (outstanding balances) and displays:
Total orders - Total number of all orders
Gross sales - Total value of all sales excluding discounts and returns
Discounts - Total value of discounts given
Returns - Total value of items returned
Total sales - Gross value - { Discounts + Returns }
The VAT summary is a breakdown of VAT by VAT type.
The Gross profit is calculated by the net sales minus the cost of goods. A margin percentage is also provided but this is only a cost of goods margin and does not take into account transaction fee rates, staff wages and operation costs.
The Payment types section is a breakdown of all payments and refunds by type with a total payments value (payments minus refunds). This includes store credit and store credit liabilities. Beneath, the total layby value and on account value is displayed, this is the outstanding balance due from layby orders and orders on account.
The Stock section displays:
Total stock quantity sold - The number of items sold in the specified date range
Total stock quantity remaining - The number of items currently in stock. This value will not change if the date range is updated as it the current value
Total stock value sold - The cost price of all items sold in the specified date range
Stock write-off total The cost price of all written-off stock in the specified date range
Total stock value at cost - The current value of all stock. This value will not change if the date range is updated as it the current value