Better product reports with unit costs
There needs to be the ability to see Product Sales with unit cost on same report. This would reflect the bottom line in order to calculate our net revenue. Currently you have Gross product sales and Net product sales. But net is only net of any discounts, not net of the cost of the product. So really you need an option for columns with gross product sales, discounts applied, cost of products sold and finally, net product revenue. This is the information as a business owner i need to see to compare profit margins etc.
It would also be helpful to have a similar feature for services with Gross Service sales, discounts, cost of service to us, and finally net service revenue.
Jill Goodman
shared this idea
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goGlow (currently a 17 location prospect) also has requested this.
+ A mix of the inventory adjustment report and the sales report.
+ Need to see costs associated with all movement of product, but when it is associated with a service need to see service name order info, etc.-(Edited by admin) -
Amanda Mayhack
commented
when running reports with retail sales, its often important to consider the cost of those products to the business to understand the profit margin. currently unit cost is only available in inventory on hand and adjustment reports so this requires downloading each report individually to then merge together, when it really should be a part of sales reporting.
