Key Operational Reports in iVendNext: A Comprehensive Guide
Overview
This article gives you an overview of iVendNext’s operational reports, which offer key insights into sales, inventory, and finances to support daily retail decisions and spot trends.
This guide explores the three most essential operational reports in iVendNext:
Sales Reports
Stock Ledger Reports
Tender Collection Reports
We’ll cover their purpose, key components, and step-by-step instructions for generating them.
1. Sales Reports: Tracking Revenue and Performance
Purpose
Sales Reports provide a detailed breakdown of transactions, helping retailers:
Monitor daily, weekly, and monthly sales.
Identify top-selling products and customer trends.
Evaluate discounts, returns, and staff performance.
Key Components
How to Generate a POS Sales Report
Log in to iVendNext.
Navigate to Selling > Key Reports.
Select the desired sales report.
Set a date range (e.g., "Last 30 Days").
Apply filters (e.g., store location, product category).
Click "Generate Report" and export to Excel/PDF.
2. Inventory Reports: Managing Stock Efficiently
Purpose
Inventory Reports help retailers:
Prevent stockouts and overstocking.
Track item movement (receipts, transfers, issues).
Identify slow-moving or obsolete stock.
Key Components
How to Generate a Stock Ledger Report
Log in to iVendNext.
Go to Stock > Key Reports.
Select the desired inventory Report.
Select a report type (e.g., "Stock Ledger Report").
Filter by item, warehouse, or date range.
Generate and export for further analysis.
3. Tender Collection Reports: Reconciling Payments
Purpose
Tender Reports track payment methods (cash, card, digital wallets) to:
Ensure accurate financial reconciliation.
Detecting discrepancies or fraud.
Analyze customer payment preferences.
Key Components
How to Generate a Tender Collection Report
Log in to iVendNext.
Navigate to Retail > Key Reports.
Select the Tender Collection Report.
Choose a date range and tender type (e.g., credit cards).
Filter by cashier or store location.
Export for accounting or auditing.
How These Reports Work Together
A real-world example:
A customer buys 5 shirts (POS Sales Report).
Payment is recorded (Tender Collection Report).
Inventory updates automatically (Stock Ledger Report).
This end-to-end visibility ensures:
✔ Accurate financial records.
✔ Efficient stock replenishment.
✔ Fraud prevention.
Best Practices for Using Operational Reports
✅ Schedule Daily Reports – Automate sales/inventory summaries.
✅ Compare Trends – Use time filters (e.g., YoY growth).
✅ Export for Meetings – Share PDFs with stakeholders.
✅ Customize Columns – Hide irrelevant data for clarity.
Pro Tip: Combine Sales + Inventory Reports to optimize purchasing decisions.Related Articles
Operational Reports
This article provides an overview of the key reports available in iVendNext. It also shows how to create custom reports and explains how to add, remove, and rearrange columns, apply both predefined and custom filters, and sort the data. Introduction ...Other Useful Reports in iVendNext: A Comprehensive Guide
Overview This article highlights key iVendNext reports and how they help manage leads, customer interactions, stock levels, and more. 1. Introduction to Other Useful Reports in iVendNext The Other Useful Reports in iVendNext are accessible under the ...Serial and Batch Bundle: A Comprehensive Guide
Overview The Serial and Batch Bundle feature ensures that all relevant serial or batch numbers are tracked accurately during stock movements, whether it’s for inward entries (like Purchase Receipts) or outward entries (like Delivery Notes). This ...Key Reports in iVendNext: An Overview
Overview This article provides an overview of the most important reports available in iVendNext, their functionalities, and how they can be used to monitor sales performance, track customer behavior, manage inventory, and optimize your overall retail ...Getting Started with iVendNext: A Beginner’s Guide
Overview iVendNext helps businesses manage sales and inventory efficiently. This beginner’s guide covers the key steps to get started and make the most of the platform. 1. Introduction to iVendNext iVendNext is a comprehensive solution that ...