Sales by product
Which products sell and what they earn
The sales by product report shows how your retail side is doing. It tells you which products sell, what they earn and what they cost, so you can keep the right stock on the shelf.
In this article
- What this shows you
- What each column means
What this shows you
- Net sales by product ranks your products by what they brought in.
- Top products shows your best sellers for the period.
- The table lists each product with its takings and its profit.
What each column means
- Product is the item sold.
- Total gross sales is everything that product took before refunds, discounts and fees.
- Refunds is money given back on that product.
- Discounts is the price taken off, including promotions and loyalty rewards.
- Net sales is what is left after refunds and discounts.
- Cost of inventory is what the stock cost you, based on its supply price at the time of sale.
- Gross profit is net sales less the cost of inventory.
- Total collected is the money that reached you for that product.
Tip: Watch gross profit, not just sales. A product can sell well and still earn little once its cost is counted.