Definitions of Sales , Revenue and Collections

Criteria for sales, revenue and collections that is followed in Zenoti.   

Sales:

  • Considers only closed invoices
  • Considers only cash, check, cc and custom payments
  • Counted on the day when the service was done / product, membership, series package, gift card was sold

Revenue:

  • Considers only closed invoices
  • Considers all payments (cash/check/cc/custom/gc/membership/series package)
  • Apportioned amount of gift card/membership/series package is counted as revenue (for gift card/membership the formula is (value of membership/price of membership)*payment made)
  • Counted on the day when the service/ticket is closed (in spite of multiple payments across multiple days)

Collections:

  • Considers open invoices
  • Considers all payments
  • Counted on the day when the payment was made
  • Taxes will be included
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