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Order Report Metric Glossary

This article provides the definitions, formulas, and explanations behind each metric in TrueProfit's Orders Report. Use Ctrl+F to quickly find the term you're looking for.

Order ID

Order ID is an unique ID for each order, synced from Shopify.

Helps you:

  • Identify and track specific orders.

Date

Date is the date when the order was processed and used for filtering and reporting.

Helps you:

  • Analyze performance over time.

Items

Items are products included in the order, synced from Shopify

Helps you:

  • See what customers purchased in each order.

Revenue

Revenue is the sales amount from orders

Per order: Revenue = Gross Sales βˆ’ Discounts + Taxes Collected + Shipping Charged

All orders: Revenue = Sum of revenue from each order

Helps you:

  • Track top-line sales performance and compare it against costs and profit.

Shipping Costs

Shipping Costs are the costs you pay to deliver orders to customers

Helps you:

  • Understand how shipping impacts your profit.

Total COGS

Total COGS is the total cost of goods sold for orders.

Helps you:

  • See how product costs affect your margins.

Transaction Fees

Transaction Fees are the fees charged by payment providers (such as PayPal or Stripe) and Shopify fees for third-party payments for each order.

Helps you:

  • Understand how gateway and Shopify third-party fees affect profit.

Handling Fees

Handling Fees are the costs to prepare orders for shipping, including boxing and packaging.

Helps you:

  • Track additional fulfillment costs beyond shipping.

Gross Profit

Gross Profit is profit remaining after subtracting shipping costs, COGS, transaction fees, and handling fees from revenue.

Gross Profit = Revenue - (Transaction Fees + Total COGS + Handling Fees + Shipping Costs)

Helps you:

  • See how much profit each order generates before ads or overhead.

Gross Profit Margin (%)

Gross Profit Margin is the percentage of your revenue that remains after subtracting product costs and direct order costs.

Gross Profit Margin (%) = (Gross Profit / Revenue) Γ— 100

Helps you:

  • Evaluate margin efficiency and compare performance across orders or time.

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