Item-wise P&L Report (Purchase Price)
This report calculates the P&L based on the following below:
- Profit or loss calculate per item by comparing:
(Sale Amount – Purchase Amount) - It will consider items actually sold, not the stock still in inventory.
Example:
Suppose you are selling Pens.
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Purchase Price per Pen = ₹8
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Selling Price per Pen = ₹12
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Quantity Purchased = 100 pens
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Quantity Sold (in selected date range) = 60 pens.
Report Calculation :
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Sale QTY = 60 pens
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Sale Amount = 60 × ₹12 = ₹720
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Purchase Amount (for sold qty only) = 60 × ₹8 = ₹480
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Net Profit/Loss = ₹720 – ₹480 = ₹240 Profit
Final Report Output