How to change the P&L report calculation on web?

To change the P&L report calculation on item wise P&L report, please follow the steps mentioned below,

Step 1: Please click on “Reports”.

Step 2: Under Profit & Loss(PL) reports, click on “Item-wise P&L reports” >> Click on report settings icon >> Under Profit Loss calculation, please select the desired option to calculate the P&L report.

Purchase price at sale: Calculates the P&L report according to the purchase price given at the time of creating the purchase invoice.

Current Purchase price: Calculates the P&L report according to the purchase price given in product and services section.