Gross Profit on Inclusive Quotes
If your product costs $10 and sells for $15 (GST included), the system excludes the $1.96 tax from your total gross.
($15 sell price including tax - $10 cost price - $1.96 tax value = $3.04 Gross Profit).
Gross Profit on Exclusive Quotes
If your product costs $10 and sells for $15 (GST exclusive), the system shows a $5 gross profit since the client pays the GST on top.
($17.25 sell price including tax - $10 cost price - $2.25 tax value = $5 Gross Profit).
Additional Information
For more info on quotes, see here: Revise a Quote
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