Profit over time report
Dashboard: Profitability Analysis
Profit Over Time is used to assess your financial health by revealing the amount of money left over from revenues after accounting for the cost of goods sold (COGS). Gross profit margin serves as the source for paying additional expenses, taxes, and future savings. Net profit is calculated by deducting the costs of producing goods and tax expenses.
Profit Over Time provides a view into previous periods and shows any developing trends. You can select important factors that influence the profit to determine relationships.
Actual Profit
The actual profit is calculated from the actual revenue minus actual expense.
Calculation: Actual Profit = Actual Revenue – Actual Expense
Planned Profit
Calculation: Planned Profit = Planned Revenue – Planned Expense