Sales ranking is a sales report that groups sales data by Brand, Category, Department, Season, and Supplier. Showing Sales, Discount, Net Sales, VAT Paid, Cost Profit, Margin and Units sold.
You can use the sales ranking report to rank your Brands. Which Brand is selling well? And which are not. Analysing their margin and profit.
Grouping a sales ranking report by department and filtering this by one brand and season can list how a brand has sold by department, such as tops, trousers, coats, etc.
This can help you create a spending budget with this brand.
Sales – Total value of goods sold
Discount – Value of discounts applied to sales
Net Sales – Sales value excluding VAT
Cost – Product cost at the time of sale
Profit – Net profit after VAT deductions
Margin – Profit margin percentage, calculated as: Margin = (Profit ÷ Net Sales) × 100