Leveraging Reports in Eureka
If you load Eureka and click on the 'Reports' button on the main toolbar you will be taken
to the area of the package which is dedicated to providing management reporting for your
business. Here you will find a carefully selected set of management type reports to enable
you to fully grasp what is happening within your business at any given time over any period.
The following is a list of some of the available reports along with a sample and brief description
of the purpose:
Cost Changes
This report is specifically used to alert managers to the fact that the cost price on one or more
products has changed. Large department stores and supermarkets are 'squeezing' the prices on more
and more products because of their buying power and influence. It is imperative that you are made
aware of events which potentially affect YOUR margin particularly if it is for the worse.
Figure 1 - Cost Price Change Report Sample
This report shows the product code, product description, the date of the cost price change, the old
cost, the new cost and the unit of measure in question.
Based on the information contained within this report managers can then look at the products in question
and make decisions as to whether or not to increase the selling price to maintain margin.
Product Book
The Eureka Product Book has been designed simply to allow you to produce an internal 'catalog' of products
based on a particular criteria. You can choose to print everything or to restrict the list to a specified
Supplier or Department. This enables the user to see what products are currently on the system which can aid
product reviews or potentially help with deciding which products to delist.
Figure 2 - Product Book Report Sample
This report shows the product code, supplier product code, product description, the retail selling price (RSP)
and you have the option of showing cost prices and margins alongside also.
Stock Valuation
Stock Control is something that Eureka excels at and one of the many stock reports available out of the system
includes the Stock Valuation Report. From single site operations right up to the large estates you will inevitably
need to be able to ascertain the value of your current stock holding at some point. This may be for something
like insurance or simply for your accounting department but it can be made available at the click of a button through
Eureka.
Figure 3 - Stock Valuation Report Sample
This report shows the product code, product description, current shelf stock, current bulk stock, the last delivery
date for each product and the value at cost of the products currently being held.
Daily Z-Read Report
At the end of every trading day you will normally perform a Z-Read procedure to enable you to see how business has
been that day. Eureka provides this information in an easy to read format. Sales are split by your key departments
along with the relevant nominal accounting code for links to accounts systems such as Sage or Pegasus Opera. Also
provided is a complete breakdown of the different tender types used to pay for items in terms of Cash, Cheques,
Credit Cards and Vouchers. It is also useful to note the addition of the number of customers on this report along
with the average spend on the day. Many of the Eureka family of customers use this to plot trends over time which
help give you an indication of how many people are passing through your doors and when.
Figure 4 - Daily Z-Read Report Sample
Top X Report
It is not be long before our customers come across the invaluable Top X report. This management report gives you the
very figures you need to see how indiviual products are performing in your shop over a specified period of time. The
report allows you to specify what 'X' is each time you run it, so you can have your top 5, 10 or even 100. It also
allows you the ability to rank the results in a number of ways. for example you may want to rank the results by
highest sales value first; alternatively how about sales quantity. Finally you have the ability to order your results
by the sales profit made on the sale. This report will become an invaluable addition to your weekly review and it
will help you determine which of the thousands of products you stock are just not selling yet taking up valuable space
on your shelf which could be used to display more popular items.
Figure 5 - Top X Report Sample
This report shows the ranking (1-X), Product code, products description, department, sales quantity, sales value and
relevant unit of measure.
Management Reporting...
There are many other key reports contained within Eureka which customers ustilise in a variety of ways including:
- Product Performance
- Gross Margins
- Shop Area Sales
- Product Snapshot
- ... and loads more...
Each have their own specific benefits and this brief article is too condensed to do them all justice. To find out
about a particular report and how you can leverage it to give you more control over your retail business please
contact us on: 0870 068 7503 where one of our Eureka expert advisors will be happy to talk over your requirements.
and Finally...
Don't forget that if you have any questions about Eureka or suggestions on how you'd like to see it improve please
contact us. Eureka was founded on the principal that it was going to be a system designed by the people who would
ultimately use it and so we are always keen to hear from you.
Eureka - "For the Retailer, by the Retailer"
Find out more about Eureka on
0870 068 7503 or support@lccs.co.uk
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