Welcome back to our FABPOS tutorial series! In our last video, we explored the Sales Analytics tab within the Account Summary module. Today, we’re diving into the remaining tabs to help you gain a comprehensive understanding of your business performance. Let’s continue this journey of business insights!
Step 1: Inventory Overview
Now, let’s move on to the second tab – Inventory. On this page, you’ll find essential information that’s vital for managing your stock efficiently.
- Your Store’s Total Inventory Value: This represents the overall value of all the products in your inventory, giving you an insight into the financial worth of your stock.
- Your Store’s Total Inventory Sales Value: This figure reflects the total sales value of your inventory, helping you understand how well your products are performing in the market.
- Overview of Stock Availability: Here, you’ll get a quick overview of your stock availability, including ‘Available in Stock,’ ‘Low Stock Alert,’ and ‘Out of Stock.’ This insight is crucial for maintaining adequate stock levels and avoiding stockouts.
- Top 10 Selling Categories: Identifying the top-selling categories helps you focus on high-performing product lines, enabling strategic decision-making for inventory management.
Step 2: Sales by Product Overview
Moving on to the third tab – Sales by Product. This page is a goldmine for understanding the performance of individual products in your inventory.
This section showcases your top 10 best-selling products based on the selected date filter. By knowing what products are performing well, you can optimize your inventory and marketing strategies to boost overall revenue.
Step 3: Sales by Payment Method Overview
Now, let’s explore the fourth tab – Sales by Payment Method. This page gives you insights into how your money is distributed based on the payment methods used in the checkout process.
Here, you’ll see a breakdown of sales based on different payment methods, allowing you to understand customer preferences and optimize your payment processing strategy.
Step 4: Sales by User Overview
Finally, let’s check out the fifth tab – Sales by User. This feature gives you a closer look at the sales performance of each user in your system.
You can track the total sales generated by each user, enabling you to recognize top-performing team members and identify areas for improvement.
Congratulations! You’ve now explored all the tabs within the Account Summary module in FABPOS. These insights into sales analytics, inventory management, product performance, payment methods, and user sales performance provide a holistic view of your business. Use this valuable information to make informed decisions, optimize your operations, and drive growth. If you have any questions or need further assistance, FABPOS’s support team is ready to help. Happy managing and growing your business with FABPOS!