If the taxable amount and P&L amount are the same, it could be due to the purchase prices of the items. The Profit & Loss (P&L) calculation is based on the selling and purchase prices of the products.
We recommend verifying the purchase prices of the items to understand the calculation better. To get a detailed breakdown of the sales P&L report, navigate to the Sales Item P&L report. In the “Manage Columns” section, select the “Purchase Price” option. This will allow you to compare sales and purchase prices, helping you understand how the P&L amount is calculated.