Issue with profit & Margin Report

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Martin

• March 08, 2022 14:46
• Edited

Dear Team,

I wound appreciate if you can explain me below profit & margin report. As you can see in product edit page markup % is 25.6 and the sale price is 10. But after a sale when i run the profit and margin report its show total 9.43 (i believe its sale price) and margin 20.36 %.

I entered cost price before tax.

 

Note: This is a test product i entered today and  i did one sale for testing.

 

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  Aronium Support

  • March 08, 2022 14:45

  Hi Martin,

  This report looks fine and the result of 20.36% margin is correct. The value 9.43 is the price before tax and the value for cost price (7.51) is cost price before tax, too. Cost price is tracked before tax, so profit and margin report will use prices before tax.

  Please make sure you don't mix markup and margin, as they are not the same.

  If you check Margin calculator at https://www.omnicalculator.com/finance/margin?c=EUR&v=cost:7.51,revenue:9.43, you will see that the result is correct. You can double check the markup there, too. 

  Hope this answers your question.

  Thanks, Aronium team.

   

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