What is a revenue report and how is it used

The Revenue Report shows the receipts for your store (cash, checks, etc.) and the total revenues for your store.

The Receipts section of the report breaks down your store receipts, such as Cash, Checks, and other payments.

The Cash Register section of the report shows your revenues and sales deposits/receivables. The actual lines totaled in this section are controlled by the Revenue Report Setup & ProfitSystem GL accounts, & Accounting Classes form.

Below the Cash Register section is the Taxes section, which totals taxes collected. After that paid-outs and paid-ins are shown. The total of the Cash Register section plus taxes, plus paid-outs and paid-ins should balance with your Receipts total. If it does not, the difference is shown as Cash Over/Under. This could happen if you deleted tickets or transactions from the Ticket form, or if you had data corruption due to power failure, hardware failure, etc.

Then, tax exempt transactions are shown (transactions where you entered a tax exempt ID). Finally, your revenue is grouped/totaled by Class (default is one class per Inventory Category), into taxable and non-taxable sales.