Invoices:

Profit is calculated for each invoiced item as:

Profit = (total items net sell price) - (the total items net costs) and

Percentage Profit = (Profit / (total items net sell price)) * 100%

Credit Notes:

Each credit note is considered as a loss i.e. loss of revenue:

Profit = -((total items net sell price) - (the total items net costs)).

This assumes that all credited items have been returned back to stock. However if this is not the case and only some or none of the items has been returned to stock then the total cost of items that have NOT been returned is also treated as an additional loss:

Profit = -((total items net sell price) - (quantity returned back to stock * item unit cost)).

Index | Sales Ledger | Purchase Ledger | Stock Control | Payments | Nominal Ledger | Reports | Configurations