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Product Sales Report

Purpose

The Product Sales report answers one question the general Reports page cannot: which products actually make you money?

A product can sell well and earn you almost nothing, and a product that sells rarely can carry a whole category. This report puts quantity, revenue, cost and profit on the same row so the difference is visible.

Accessing the Product Sales Report

Click ModulesReportsProduct Sales Report

The Product Sales Report, with quantity, revenue, cost and profit per product

Choosing what to look at

  • From and To: the period. Sales are counted by order date
  • Products: narrow to specific products, when you want to compare a handful against each other
  • Category: everything filed under a category
  • Brand: everything from one or more brands

Leave them empty to see the whole catalogue for the period.

Reading the columns

Column What it means
Item the product
SKU its stock code
Category where it is filed
Brand its brand
Quantity Sold how many units left you in the period
Revenue what customers paid for them
Total Cost what those units cost you
Profit Revenue less Total Cost
Profit Margin profit as a percentage of revenue

Cost has to be there for profit to be right

Profit and Profit Margin are only as good as the cost behind them. A product with no cost recorded looks like pure profit, because the store has nothing to subtract.

Cost reaches a product two ways: you set it on the product itself, or it comes from a goods receipt when the stock arrived. If a lot of your catalogue shows a suspiciously perfect margin, that is the thing to check first.

The Financial report on the main Reports page warns you when this is happening across the store.

  • Reports - sales, financial, user and inventory reports
  • Goods Receipts - where product cost usually comes from
  • Products - where cost is set by hand
  • Expenses - running costs, which this report does not include