The sales by product/service report gives a business owner an insight into which products and services are selling the most, as well as which products and services are not selling. Similar to the sales by customer report, you can use this information to create a marketing plan that will help you to sell slow-moving products and services. This information can also help you determine whether you should add new products and services or eliminate an existing product or service. The sales by product/service report includes the quantity sold (if applicable), the total sales amount, the percentage of sales, the average price, the cost of goods sold, and the gross margin of each item sold. Next, we will show you how to customize and generate the sales by product/service report.
Follow these steps to customize and generate the sales by product/service report:
- Navigate to Reports from the left menu bar, as indicated in the following screenshot:
- Scroll...