Small Retailers Need Quick, Concise Reporting
Good POS Software should have some reporting views that allow you to look at the overall health of your business at a quick glance. ProphetLine is constantly finding ways to make available valuable information for the busy small business person. All of these new reports are based on the comprehensive Retail Stock Ledger. My favorite is the Compare Sales, Profits, and Inventory Percentages. This report gives you a quick view of a department or class contribution to a retailer’s revenue and inventory value. For example, if a department has 20% of your inventory value and only accounts for 5% of your overall revenue, you have a problem. You can then drill deeper and find the problem in the Retail Stock Ledger.