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What is the "Estimated Profits" module?
The "Estimated Profits" module provides real-time calculations of potential profits based on your sales data, helping you track store performance and financial health.
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How accurate are the profit estimates?
The estimates are based on actual sales data, costs, and margins, giving you a highly accurate view of your potential profit.
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Can I track profits for individual products?
Yes, the module allows you to track profits for specific products, helping you identify your most profitable items.
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Can the module track expenses as well?
Yes, you can input your expenses, such as shipping costs and taxes, to get a comprehensive view of your net profit.
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Does the module support multiple currencies?
Yes, it supports multiple currencies, allowing you to calculate profits in the currency of your choice, even if your store caters to international customers.
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Can I use the module for historical profit analysis?
Yes, the module allows you to analyze profits over different time periods, enabling historical profit tracking and forecasting.
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How is the profit calculation done?
The calculation is based on the sales price, cost price, shipping, taxes, and any other fees associated with the sale, providing a detailed breakdown.
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Can I view profits by categories or brands?
Yes, the module allows you to filter profits by product categories or brands, giving you more granular insights into your sales performance.