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Gross Profit (GP)

The Gross Profit widget displays the calculated GP value and Gross Profit percentage for the selected audit period. Users can compare the Current Audit against Previous Audits or Fiscal Year performance.

Written by Bernard Treacy

Features:

  • Current Audit GP Value

  • Gross Profit Percentage

  • Previous Audit GP Value

  • Previous Gross Profit Percentage

Audit Period Toggle:

  • Current Audit

  • 4 Audits

  • Fiscal Year

Note:

  • GP values are calculated using inventory valuation, purchases, sales, transfers, and wastage data.

  • Percentage variances indicate operational performance changes between audit periods.

  • GP calculations can include or exclude specific Departments, Locations, Sales, Purchases, Waste, or Transfers depending on the configured settings.

  • If an unexpected GP value appears and stock counts are correct, review the system configurations and inclusion settings.

  • Gross Profit Value is calculated → Sales – Cost of Sales (COS)

    - Gross Profit Percentage is calculated → Gross Profit / Sales * 100

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