Overview
The Best Seller Report has been enhanced to include vital business formulas to help you review your inventory mix. Not only does the report provide financial data on your top 50 selling items, but also the bottom sellers of your inventory. New filters have been added such as GMROI, Margin, and total sales to allow the user to look at their inventory from different angles.
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Stock Days -Stock Days is the number of days until the stock of the item is depleted. It is the average number of items sold per day (in the given date range)/quantity onhand.
Gross Margin - (Actual Sales after discounts before taxes- Cost of Goods Sold)
Markdown % - Discounted amounts/Extended Retail
Access
Access to this function at an enterprise level is limited by default to the System Administrator and Financial users only. Accounting, store managers, warehouse general managers as well as zone managers and human resource managers may view Bestseller List report at Venues or Store assigned to them.