Sales Summary Report

What is Sales Summary Report?

The Sales Summary Report in XoroERP is a useful tool for businesses to analyze and comprehend their sales performance comprehensively.

To access Sales Summary Report, go to Menu > Reports > Sales > Sales Summary Report

Week Report

Selecting Reporting Template

After choosing the Sales Summary Report, you'll be prompted to choose a document template. Select the report template from the "Select Document Template" dropdown to open the report.

Key Features

Let's delve deeper into the key features and functionalities of the Sales Summary Report:

1. Sales Overview by Store: The report presents a consolidated view of sales across different stores, allowing businesses to compare performance and identify top-performing or underperforming locations. This information is invaluable for making strategic decisions related to store operations, inventory management, and resource allocation.

2. Segmentation by Class: By categorizing sales data based on classes, which could represent product categories, customer segments, or business units, the report facilitates targeted analysis. Users can evaluate the sales performance of each class independently, identify trends, and optimize marketing and sales strategies accordingly.

3. Base Part Analysis: The report provides insights into sales trends based on base parts, which are fundamental components of products. This analysis helps in understanding which products or product categories contribute the most to overall sales revenue, allowing businesses to prioritize product development, marketing efforts, and inventory management.

4. Brand Performance: For businesses dealing with multiple brands, the Sales Summary Report offers a detailed breakdown of sales performance by brand. This information is crucial for brand managers and marketing teams to assess brand popularity, market share, and customer preferences, leading to informed branding and promotional strategies.

5. SKU-Level Detail: At the most granular level, the report includes SKU-level details, providing a comprehensive view of sales performance for individual stock-keeping units (SKUs). This level of detail is beneficial for inventory management, identifying bestselling products, managing stock levels, and evaluating product profitability.

6. Customizable Reporting: XoroERP's Sales Summary Report is typically customizable, allowing users to tailor the report parameters, filters, and display options based on their specific business requirements. This flexibility ensures that businesses can extract relevant insights and metrics tailored to their unique sales operations and objectives.

7. Interactive Drill-Down: The report often includes interactive features such as drill-down capabilities, allowing users to delve deeper into specific data points. For example, users can click on a particular store, class, base part, brand, or SKU to access detailed sales transactions, customer details, pricing information, and more, facilitating thorough analysis and decision-making.

In summary, the Sales Summary Report in XoroERP is a powerful analytical tool that empowers businesses to understand their sales dynamics comprehensively. From high-level overviews to granular insights, the report enables data-driven decision-making, strategic planning, and performance optimization across various sales-related aspects within an organization.

Fields(Detailed Overview)

The report's layout is structured into various columns that represent certain fields. These fields play a crucial role in the overall functionality of XoroERP's Sales Summary Report, providing businesses with the tools and insights needed to effectively manage inventory, track sales activities, analyze financial performance, and make informed business decisions.

Field	Description
Account	In XoroERP, an account refers to a specific financial category where transactions are recorded. This could include income sources such as sales revenue, service fees, interest income, or expense categories like cost of goods sold, operating expenses, and taxes. Accounts are crucial for organizing financial data and generating reports related to income, expenses, and overall financial health.
Item Type	The Item Type represents the classification of inventory items or non-inventory items within the system. It categorizes items based on their characteristics, such as physical attributes, usage, or sales patterns. For example, Item Types could include finished goods, raw materials, components, consumables, or services. This classification helps in inventory management, procurement, sales tracking, and reporting.
Brand	In XoroERP, a brand refers to a specific product brand or label associated with inventory items. Brands are important for distinguishing products based on their manufacturer, supplier, or branding strategy. Businesses can track sales performance, customer preferences, and market share for each brand, enabling targeted marketing, inventory planning, and brand management strategies.
SKU(Stock Keeping Unit)	This represents a unique identifier for individual inventory items or products. It is used for internal tracking, inventory management, sales, and purchasing. SKUs can include alphanumeric codes or barcodes assigned to each item to differentiate it from others in the inventory. Businesses can use SKUs to efficiently manage stock levels, track product movements, and fulfill customer orders accurately.
Store	A store refers to a physical or virtual location where inventory is stored, managed, and sold. Stores can represent warehouses, retail outlets, distribution centers, online stores, or virtual inventory sets. Each store may have its inventory, sales channels, pricing structures, and fulfillment processes. Managing stores in XoroERP enables businesses to track inventory levels, monitor sales performance by location, and optimize inventory distribution and logistics.

The Sales Summary Report displays data in separate rows corresponding to various column fields, each representing different aspects of sales. For instance, within the Item Type column, which categorizes inventory items, there can be various SKUs associated with different styles. Each row in the report shows the sales amount for the store linked to the specific value in the column field, as shown in the image below. This structure allows users to analyze sales data based on different criteria such as item types, styles, brands, SKUs, or stores, providing a detailed breakdown of sales performance across various categories.

Period(Date Filter)

XoroERP offers users the flexibility to choose the timeframe they wish to analyze in the Sales Summary Report. Positioned at the right corner of the Sales Summary interface, there is a dropdown menu containing various options. This menu allows you to tailor the date range according to your preferences, enabling a customized view of the summary report based on specific periods.

Report Header Icons

• Refresh: This allows you to refresh the search results after changing the search criterion.

• Toggle Print View: This feature enables you to switch the display mode specifically for printing the report. When activated, it adjusts the formatting and layout of the report to optimize its appearance when printed out.

• Toggle Parameter Area: This functionality enables you to switch the parameter area's visibility, located on the right side of the Sales Summary window. Toggling this setting allows you to show or hide the parameter options, giving you more control over the display and customization of the Sales Summary details.

• Download: This versatile feature allows users to export and download data in various file formats, providing a summarized overview for quick reference. Options include CSV, TXT, MS-Word, MS-Excel, PDF, and MS Excel (.xlsx), catering to diverse user preferences and use cases.

• Advanced Search: The Advanced Search option elevates customer information retrieval to a sophisticated level. Users can delve into a nuanced search by specifying criteria facilitating precise and tailored searches.

• Zoom In and Zoom Out: These features in XoroERP's reporting module allow users to adjust the view of the report according to their preferences. Zooming In increases the size of the report elements, making them easier to read and analyze, while Zooming Out decreases the size for a broader view. These options are particularly useful when dealing with detailed reports or when users need to focus on specific sections of the report.

• Toggle Full Page Width: This feature enables users to toggle between displaying the report at its full page width or adjusting it to fit the screen width. When toggled to Full Page Width, the report expands to utilize the entire width of the viewing area, ensuring that all elements are fully visible and enhancing readability. On the other hand, toggling off Full Page Width may be useful for viewing multiple reports simultaneously or when a narrower view is preferred for better organization of the workspace.