Profit basis
Every profit figure in the product carries a basis, and the basis is what tells you how much weight to put on the number. A marketplace does not report what it charged you the moment an order ships — fees arrive days or weeks later, in a settlement report — so until they land, profit is partly a forecast. Rather than hide that, each row and each total says which it is.
Read the basis before you act on the number. A figure on settled fees is safe to price against; one still resting on estimates can move, and one with no fee data behind it reads too high by roughly whatever the marketplace is about to charge.
Estimated profit
Profit recalculated with our own fee estimates instead of the marketplace's, so you have a figure before fees settle.
Partial settlement
Profit calculated with a mix of settled and estimated fees — part of this figure has settled, part could still change.
Actual profit
Profit calculated with the fees the marketplace actually charged you, once they're settled.
No fee data
No marketplace fee data has arrived yet, not even an estimate. Profit is shown with zero fees, so it reads too high.
One order has exactly one basis, so where a report groups orders together — by SKU, brand, or another dimension — the basis column reads Partial settlement whenever the group mixes bases at all. It does not name the worst one, and it is not an average. So a group of settled orders with a single uncovered order among them still reads as partial, and if that order's settlement window has already closed its missing fees are a permanent gap rather than something still to finalize.
The daily and catalog reports have no separate basis column. Their marker rides on the fees figure itself, because each of their rows is one day or one product rather than a set of orders that can disagree.