It calculates the margin of all products added in invoices based on their selling price and purchase price.
For example, if an invoice contains multiple products with different selling and purchase prices, the total Net Profit or Loss for that invoice is determined by calculating the difference between total Sales and Purchases across all products.
The Profit & Loss (P&L) Statement in Swipe helps you track earnings and expenses effortlessly. It breaks down sales with and without taxes separately, ensuring clarity on GST calculations.
As seen in the report, sales are shown with and without taxes, helping you understand your revenue in a better way
