Gross Margin % is calculated in Springboard Retail as follows:

  • Net sales - item sold cost = gross margin
  • Gross margin divided by net sales = gross margin percentage
  • Gross margin % = percentage of net sales sold

Sold Margin % excludes returns, and is calculated in Springboard Retail as follows:

  • Gross Sales - Cost of Items Sold (not returned) = Sold Margin
  • Sold margin divided by gross sales = sold margin percentage
  • Sold margin % = percentage of gross sales sold.

Below are reports you can build in Springboard Retail to see how Gross and Sold Margin %'s are calculated.

Gross Margin %:

Filters:

  • Select the date you would like to view

Groups: You can choose from a variety of groups, depending on what you would like to see, including the following:

  • Sales Transaction >> Ticket #
  • Item #
  • Date

Metrics

  • Source Sales >> Net Sales
  • Source Sales >> Net Item Sold Cost
  • Source Sales >> Gross Margin
  • Source Sales >> Gross Margin %

Sold Margin %:

Filters:

  • Select the date you would like to view

Groups: You can choose from a variety of groups, depending on what you would like to see, including the following:

  • Sales Transaction >> Ticket #
  • Item #
  • Date

Metrics

  • Source Sales >> Gross Sales
  • Source Sales >> Net Sales
  • Source Sales >> Net Item Sold Cost
  • Source Sales >> Gross Margin
  • Source Sales >> Sold Margin
  • Source Sales >> Gross Margin %
  • Source Sales >> Sold Margin %
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