How is Item-wise P&L Report (Purchase) Report is calculated in Swipe?

[Geetha_N]

Item-wise P&L Report (Purchase) Report

This report calculates the P&L based on the following below:

1. Profit or loss calculate per each purchased item by comparing:
   (Sale Value – Purchase Value –Sale Return Value + Purchase Return Value)

2. It considers both opening stock till selected date and current stock availability of product as of today for reference.

Example:

Suppose you have one bag.

Particulars	Value
Opening Qty	10 units
Quantity in Stock (Today)	5 units
Purchase during period	20 units @ ₹4000 each
Sale during period	22 units @ ₹5000 each
Purchase Return	2 units @ ₹4000 each
Sale Return	1 unit @ ₹5000 each

First Calculate the Values.

1. Sale Value
   22 units × ₹5000 = ₹110000
2. Purchase Value
   20 units × ₹4000 = ₹80000
3. Purchase Return Value
   2 units × ₹4000 = ₹8000
4. Sale Return Value
   1 unit × ₹5000 = ₹5000

Net Profit/Loss

Sale Value – Purchase Value –Sale Return Value + Purchase Return Value

= ₹110000 – ₹80000 – ₹5000 + ₹8000
= ₹27000 Net Profit

Final Report Output