In this release, we have made the following changes to the Profit & Loss report:
- The totals have been updated to appear in the following order:
- Total – Revenue Actual
- Total – Cost Actual
- Total – Gross Profit
- Total Actual Profit
- Margins
- The Margins have been updated to always calculate based off Actual Profit
Margin % = (Total Revenue Actual/Total Actual Profit)
- Net Profit has been updated to equal Actual Profit minus Expenses
And the following changes to the View Profit & Loss screen:
- The ‘Show Profit only figures check-box has been removed
- Net P/L is now always calculated with the formula Net P/L = Actual Profit minus Expenses