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A basic but important metric for many businesses is to determine their sales by product or service. To see sales by products and service, you can go to Reports, and then run one of two reports. The first report to look at, is the Sales by Product or Service Summary. This report displays all of the products and services that youve sold over the selected period of time. And it also lists the quantity sold, the total monetary amount that was sold, the percentage of your total sales that that product or service represents, the average price that you sold the product or service for. And if you sell inventory, it also lists your costs of goods sold, gross margin, and gross margin percentage. Because this is a summary report, it does not show individual sales. But if you would like to see the individual sales, you can click on any one of the amounts and QuickBooks will give you a list of the actual transactions that make up those totals. Going back to the Reports center, there is another re
