How to view Item Wise Sales Report (V&D) in Adempiere Retail
An Item-Wise Sales Report shows,The total sales details broken down by each individual product or item sold during a specific period.
User Access
Who Can Access
- Admin
- Head cashier
- Sales Manager
- Manager
What User Can Do
- Track Sales for Each Product
- Analyze Revenue by Item
- Manage Inventory Better
- Filter by Date or Category
Pre-Requisite Activities
- Maintain Accurate Product Master Data
- Record All Sales Transactions Properly
- Ensure Timely Data Entry
- Reporting Period
Business Rules
- Include Only Completed Sales
- Apply Correct Pricing and Discounts
- Include Returns and Adjustments
- Use Accurate Date Filters
- Allow Filtering by Category or Item Group
User Interface
Step 1 : Select ‘Item wise Sales Report (VAT & Date wise)’ in Menu -> Sales reports > Manager report > Item wise Sales Report (VAT & Date wise) or Search Item wise Sales Report (VAT & Date wise).
Step 2 : Select the date range and Parameter to open the Item wise Sales Report (VAT & Date wise).
Step 3 : To view a preview of the Item wise Sales Report (VAT & Date wise).
Date : In an Item wise Sales Report (VAT & Date wise), the date column is crucial for organizing and tracking sales transactions on specific days.
Item Name : In an Item wise Sales Report (VAT & Date wise), the Item Name column displays the name or description of the products or services that were sold. This column is essential for identifying which specific items contributed to the total sales, along with the corresponding VAT calculation and date of sale.
Quantity : The Quantity Sold column in an Item wise Sales Report (VAT & Date wise) is critical for understanding how many units of each item were sold, the total revenue generated, and the VAT applicable.
Final Gross Cost : The Final Gross Cost in an Item wise Sales Report (VAT & Date wise) typically refers to the total cost of goods sold (COGS), which includes the cost price of the items sold, VAT, and any other relevant costs or adjustments.
VAT : In an Item wise Sales Report (VAT & Date wise), the VAT column shows the Value Added Tax (VAT) applied to each item sold, based on the applicable VAT rate and the sale price of the item. This column is critical for businesses to track their VAT obligations, as it indicates the total VAT charged on each sale and helps in VAT filing and tax compliance.
Net Amount : The Net Amount in an Item wise Sales Report (VAT & Date wise) is essential for businesses to track their actual sales revenue, excluding VAT. It allows for clear distinction between net sales and tax liabilities.
Sold Value : In an Item wise Sales Report (VAT & Date wise), the Sold Value typically refers to the total amount of revenue earned from selling the item before adding VAT (excluding taxes). It represents the total value of the goods sold for each item, based on the unit price excluding VAT and the quantity sold.
Selling Price : In an Item wise Sales Report, the Selling Price refers to the price at which each item was sold. Depending on the reporting requirements, this price could either be the price excluding VAT (net price) or the price including VAT (gross price).