The totalRevenue figure in MerchantSpring excludes tax and is calculated using product sales, reimbursements, promotions, refunds, and other income.
The totalRevenue figure in MerchantSpring’s Profit & Loss and Channel Profit reports represents your net revenue, excluding tax.
It combines several income and deduction components to show your true sales revenue for the selected period.
Formula:
totalRevenue = productSales (tax excluded)
+ reimbursements
+ otherIncome
+ ShippingCharge
- refundedSales
- promotions
- ShippingCharge_REFUNDED
Example Calculation (July 2025):
-
productSales: $282,679.10
-
reimbursements: $4,245.21
-
otherIncome: $485.91
-
refundedSales: ($74,754.40)
-
promotions: ($20,026.46)
-
ShippingCharge: $0
-
ShippingCharge_REFUNDED: $0
Total Revenue = 282,679.10 + 4,245.21 + 485.91 − 74,754.40 − 20,026.46
Total Revenue = $192,629.36
Key Notes:
-
Taxes are excluded from the calculation.
-
Refunds, promotions, and refunded shipping charges are deducted.
-
Reimbursements and other income are added.
-
This figure may differ from your gross sales total, as it reflects net revenue after adjustments.