Listed below are financial terms with definitions that are used in the CORESense financial reporting.
Click here to open the Financial Definitions and Report Matrix.
|
Term |
Definition |
|
Adjusted Merchandise Sales |
The Order Subtotal - GC and VC Purchases - Item Promotions - Order Promotions + Order Adjustments. Sales tax is calculated off of this value. |
|
Adjusted Returned Merchandise Sales |
Returned Merchandise Sales - Return Adjustments |
|
Item Promotions |
Order item-level promotional discounts |
|
GC and VC Purchases |
All gift certificate and value card purchases. This value is considered a sale the date the order is created. |
|
Gross Margin on Merchandise Sales |
Gross Profit on Merchandise Sales / Merchandise Sales * 100 |
|
Gross Margin on Adjusted Merchandise Sales |
Gross Profit on Adjusted Merchandise Sales / Merchandise Sales * 100 |
|
Gross Profit on Merchandise Sales |
Merchandise Sales - Merchandise COGS |
|
Gross Profit on Adjusted Merchandise Sales |
Adjusted Merchandise Sales - Merchandise COGS |
|
Gross Sales |
Merchandise Sales - Item Level Promotions + GC and VC Purchases + Shipping Charges + Shipping Tax + Merchandise Sales Tax |
|
Merchandise COGS |
Order item inventory costs |
|
Merchandise Sales |
The Order Subtotal - GC and VC Purchases - Item Promotions. |
|
Merchandise Sales Tax |
Sales tax charged against the Merchandise Sales |
|
Net Adjusted Merchandise Sales |
Adjusted Merchandise Sales - Adjusted Returned Merchandise Sales |
|
Net COGS |
Merchandise COGS - Returned Merchandise COGS |
|
Net Merchandise Sales |
Merchandise Sales - Returned Merchandise Sales |
|
Net Merchandise Sales Tax |
Merchandise Sales Tax - Returned Merchandise Sales Tax |
|
Net Sales |
(Merchandise Sales - Merchandise COGS) - (Adjusted Returned Merchandise Sales - Returned Merchandise COGS) |
|
Net Shipping Charges |
Shipping Charges - Returned Shipping Charges |
|
Net Shipping Tax |
Shipping Tax - Returned Shipping Tax |
|
Net Tax |
Net Merchandise Sales Tax + Net Shipping Tax |
|
Order Adjustments |
Order level price adjustments. Order level adjustments (both positive and negative) impact the order sales tax. |
|
Order Promotions |
Order level promotions |
|
Order Subtotal |
Merchandise Sales + Item Promotions + GC and VC Purchases |
|
Order Grand Total |
Gross Sales - Item Promotions - Order Promotions |
|
Ordered Item Extended Unit Price |
Unit Price - (Item Promotions / Units Sold) |
|
Ordered Item Unit Price |
The ordered item price not including discounts from item-level promotions. |
|
Refund Total |
The return refund total (includes refunds from payments, gift certificates, value cards and customer credits) |
|
Return Adjustments |
Return level adjustments. Return level adjustments (both positive and negative) impact the return sales tax. |
|
Return Total |
Adjusted Returned Merchandise Sales + Returned Merchandise Sales Tax + Returned Shipping Tax + Returned Shipping Charges. |
|
Returned Merchandise COGS |
Returned item inventory costs |
|
Returned Merchandise Sales |
The sum of returned items not including return adjustments |
|
Returned Merchandise Sales Tax |
Sales tax returned against Adjusted Returned Merchandise Sales. |
|
Returned Shipping Charges |
The amount returned for shipping |
|
Returned Shipping Tax |
The amount returned for shipping sales tax |
|
Returned Item Unit Price |
The returned item amount including discounts from item-level promotions |
|
Shipping Charges |
The order shipping price |
|
Shipping Tax |
Sales tax charged against Shipping Charges |
© 2023 CORESense · info@coresense.com · 125 High Rock Avenue, Saratoga Springs, NY 12866