How is totalRevenue calculated in MerchantSpring reports?

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.