In this article, you will gain a comprehensive understanding of the monthly report, which is divided into three sections: credit card revenue, cash revenue, and gift card revenue
Table of Contents:
📖 Tutorial
Terminology and Definition
Terminology | Definition |
Gross Net Total | The net income of the store, excluding all (the sum of the items below, items not showing if empty) |
Credit Card | The net income of this payment method |
Gross Amount Submitted | The total amount received using this method |
Refunds | The amount refunded to customers |
Subtotal Before Fees | The amount after deducting refunds, not removing fees |
Transaction Fees (CC) | The rate deducted by credit card |
Adjust Fee | Adjustment Fees |
Net Total | Net income. Net Total = Subtotal Before Fees - Transaction Fees (CC) |
Income Summary
Credit Card Summary
Credit card income summary table (Not displayed if there is none)
Cash Summary
Cash income summary table (Not displayed if there is none)
Gift Card Summary
Includes Convenience Fee (Store) (Not displayed if there is none)