Gross Profit

1

I tried to find out the options for Gross Profit, can anyone assist to connect if any guideline or disccussion on Manager.

Actually, it is notice
→ Revenue - Expenses = Net Profit

whereas it should be like
→ Revenue - Cost of Goods / Service = Gross Profit - Admin and Other Operating Cost - Tax = Net Profit.

2

Design your chart of accounts to add a ‘New Total’ for gross profit after categorising the accounts as necessary.
Refer the guide Build a chart of accounts | Manager

1 Like
3

Thank you for your quick response.