profitability calculation

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Enrique Perez

• April 15, 2018 15:50

I think you would have to improve the way to calculate the profits of a product
Because for that calculation it takes the sale value of the product including the taxes
and in that way the calculation is wrong

According to the system, the profit margin is 100%

however in this case the product has a tax of 8%

Therefore the profitability to have accuracy should be done as follows

sale price - (purchase price + taxes)

 

Best regards

 

1

• 

  Sasha Bitbroyt

  • January 11, 2019 23:19

  There should be an option for sale price before tax.

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  Aronium Support

  • January 12, 2019 16:07

  Hi Sasha,

  Option to use price before tax in sales will be available with version 1.24.

  Thanks, Aronium team.

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  Sasha Bitbroyt

  • March 02, 2019 01:25

  It should be implemented at stock management and products management screen.

  When you order from supplier, you got some invoice with prices before tax in it, and grand total with tax.

  for example, if you buy item for 10$ before vat (vat is 12%) and my margin another 10%

  so really I pay for item 11.2$ and sell for 12.32$, when price of the item was changed for example to 10.5$ BV, now it becomes really complicated to update the price. so it goes 11.76$ vat included and for sale 12.93$ vat included.

  if the item's price is 173$ before vat???

   

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