In Shoply, the Daily Sales Report feature allows businesses to track the total purchases, total sales, total expenses, and total profit or loss for any selected day. This is calculated by subtracting purchases and expenses from sales. Additionally, the system provides an easy way to review daily sales for any day of the current month, the previous month, or any other month of your choice. You can also track daily totals for discounts and cash flow.
Understanding the Daily Sales Report
The Daily Sales Report in Shoply is designed to provide a comprehensive overview of your store's financial performance on a day-by-day basis. The report includes key metrics such as:
Key Metrics in the Daily Sales Report
1. Total Purchases – The total value of purchases made on a specific day.
2. Total Sales – The total sales value for the day.
3. Total Expenses – The sum of all expenses recorded for the day.
4. Profit or Loss – Calculated by subtracting purchases and expenses from sales. If the result is positive, it reflects a profit; if negative, it indicates a loss.
5. Total Discounts – The total value of discounts applied during the day.
6. Total Cash – The total cash amount received from sales during the day.
How to Access and Use the Daily Sales Report
Shoply provides an intuitive interface for accessing and analyzing daily sales data. Follow these steps to access the report and monitor your business's daily financial performance:
Steps to View the Daily Sales Report
1. Navigate to Reports > Daily Sales Report.
2. Select the desired time period from the available options, such as Current Month, Previous Month, or choose any specific month of your choice.
3. For each day, the report will display the total sales, purchases, expenses, and the resulting profit or loss.
Tracking Discounts and Cash Flow
In addition to purchases, sales, and expenses, the Daily Sales Report also provides detailed insights into the total discounts applied and the total cash flow for each day.
Steps to View Discounts and Cash Flow
1. From the Reports > Daily Sales Report screen, locate the columns for Total Discounts and Total Cash.
2. The Total Discounts column shows the value of all discounts given on sales for that day.
3. The Total Cash column displays the total amount of cash received from sales on that day.
Monitoring Performance Across Different Days
The Daily Sales Report can be viewed for each individual day in the current or previous month, or any other month you wish to select. This feature helps store owners monitor performance trends over time and make informed decisions about their business operations.
Steps to Monitor Sales Performance
1. Go to Reports > Daily Sales Report.
2. Choose the specific month you want to analyze from the date selector.
3. The report will display daily data, allowing you to track sales, purchases, expenses, and profits or losses for each day.
The Daily Sales Report in Shoply provides a powerful tool for tracking your store’s performance on a day-by-day basis. By monitoring key financial metrics such as sales, purchases, expenses, and profits, as well as tracking discounts and cash flow, you can ensure your business is running efficiently. This report makes it easy to review daily sales data for any selected period, giving you the insights needed to make strategic decisions and optimize your business operations.
