ITEM-WISE SALES REPORT
An Item-wise Sales Report is a detailed report that provides a breakdown of sales performance for each individual product or item within a specified period. This report is typically used by businesses to assess the performance of their products, track sales trends, and gain insights into which items are driving revenue and which are under performing. It allows businesses to make data-driven decisions regarding inventory, pricing, promotions, and sales strategies.
User Access
Who Can Access
- Pothys admin
- Head cashier
- Sales Manager
- manager
What User Can Do
- View Reports
- Analyze Sales
- Export
Pre-Requisite Activities
- Date range
- Cashier
Business Rules
- The business rule for an Item-wise Sales Report ensures accurate tracking and reporting of sales data by calculating the total sales for each item, applying any discounts, accounting for returns, and reporting the final net sales.
- It mandates that sales transactions be recorded with precise details (item code, quantity sold, unit price, discounts, and returns) and that all calculations (total sales, discounts, net sales, and sales returns) are based on the transaction date and defined reporting period.
- Each item should be uniquely identified, and data must be consistent, with returns and discounts properly adjusted to reflect accurate sales performance.
User Interface
Step 1 : Select ‘Item-wise Sales Report’ in Menu -> Sales reports > Manager report > Item-wise Sales Report or Search Item-wise Sales Report .
Step 2 : Select the date range and choose any parameter to open the Item-wise Sales Report.
Step 3 : To view a preview of the Item-wise Sales Report in jaldi
Item Name : The item name provides an immediate reference for understanding which products are being reported. Without item names, it would be difficult to know which products correspond to the sales data.
Quantity : The quantity of items in an Item-wise Sales Report is a critical piece of information for businesses. It not only provides insights into sales performance but also helps optimize inventory management, improve operational efficiency, and guide strategic decision-making.
Final Gross Cost : The final cross cost is a comprehensive cost figure that helps businesses assess the full cost of an item, from procurement to delivery. Showing this information in an Item-wise Sales Report is essential for evaluating profitability, cost control, pricing strategies, and overall financial performance.
Base Amount : The base amount in an Item-wise Sales Report is a key element for understanding the financial performance of each product. It offers a clear picture of the underlying cost or original price of an item, which can then be compared to the final sale price to assess profitability, pricing strategies, and cost control.
VAT : The inclusion of VAT in an Item-wise Sales Report is a critical component for tax compliance, financial transparency, and operational efficiency. It enables businesses to track tax liabilities, manage cash flow, and accurately calculate profitability without the distortion of tax figures.
VAT Amount : Including the VAT amount in an Item-wise Sales Report is essential for ensuring compliance, maintaining financial accuracy, managing cash flow, and making informed business decisions. By clearly separating VAT from the base price of goods or services, businesses can better understand their true revenue, track tax obligations, and optimize their pricing and tax strategies.
Net Amount : The net amount in an Item-wise Sales Report is a key figure that reflects the actual revenue earned from a sale after accounting for adjustments like discounts, taxes, or returns. It provides an accurate and transparent picture of a business’s sales performance and is essential for assessing profitability, managing cash flow, and ensuring tax compliance.
Sold Value : Including the sold value in an Item-wise Sales Report is essential for gaining a comprehensive understanding of revenue generation, profitability, and sales performance at the item level. It helps businesses track actual revenue from each item, evaluate pricing strategies, monitor inventory levels, and forecast future sales more effectively.
Selling price : The selling price in an Item-wise Sales Report is crucial for businesses to accurately track revenue generation, assess profitability, analyze pricing strategies, and maintain financial transparency.