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Cash on Delivery Online Sales Reporting

Admin, February 1, 2024February 1, 2024

Cash on delivery online sales reporting is the process of tracking your retail business’s sales and revenues. It includes every sale and shipping charge in your reports.

If you are a retailer, you can view your sales by product, channel, and payment method to get a more detailed overview of how your business is performing. These reports also show the value of goods included in a sale and the amount of money you have received from your customers when processing returns.

A common and effective payment option for businesses that ship goods directly to consumers is cash on delivery, or COD. This payment method eliminates credit risk for the supplier and can improve cash flow by shortening accounts receivable days. In addition, it allows people with poorer credit histories to shop with the supplier.

Using COD to collect payment for goods and services is popular among restaurants, food delivery companies, clothing outlets that allow customers to try out their selections before purchasing, and department stores. Stitch Fix is an example of a company that offers COD for their styling service, which allows customers to choose a box of clothes to try and then return what they don’t want.

If you use Shopify Payments to accept payments, you can see the breakdown of sales by checkout currency in your Sales by Checkout Currency report. For instance, Sarah has her store set up to accept Canadian dollars, Australian dollars, and US dollars. When she views her Sales by Checkout Currency report, she can see the number of orders and their total value in each of these currencies. Отчитане на онлайн продажби с наложен платеж

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