Knowing how much money you received, where it went, and why is crucial to running any business. It's vital to know exactly how much that 20% off sale cost you, or how much you're bringing in with that consignor surcharge — not to mention sales and income tax!
Our Sales Summary report aims to answer those questions as succinctly as possible. It can't answer every question — for a deeper dive, try out the Data Explorer report — but it's a place to start when keeping your books or making business decisions.
The sales table is based on a simple math equation:
Gross Sales is the base price of items sold, plus gift cards
Net Sales is Gross Sales, plus surcharges, minus discounts
Total Collected is Net Sales plus taxes
Total Collected is further divided up by payment type
Additionally, there are three columns, one for sales within the time period, one for refunds within the time period, and the final being the net amount.
Other things to know
The date picker is inclusive, meaning the report will show data from the selected days, as well as all the days in between. To view data for a single day, set the date pickers to the same date.
If you've enabled our Tills feature, you'll be able to filter this report by the till at which a sale was made. To view all sales, just select "No Till".
Note that sales made on other platforms are not accounted for here. If you're running sales on multiple platforms, be sure to pull those reports separately, or use our Item Sales table.