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Margin in a Monetary value


Zanzibar
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I want to know if there is a way for me to know the margins we make on an item, as in when I sell a pen at 1$, but it cost me 20 cents, margin would be 80 cents, I don't want to see the percentage, rather the monetary value.

Edited by Zanzibar
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  • 2 weeks later...

Hello.
You can check the Gross profit parameter in the Sales Summary Report. This parameter is in the monetary value.

Gross profit - Net sales minus Cost of goods of the item for the selected period

Gross profit = Net sales - Cost of goods

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