The Inventory Profit Margin report provides a comprehensive analysis of the profitability of your inventory items by calculating the margin between their sales price and cost price. This report helps you identify which items contribute most to your profitability, enabling informed decision-making on pricing, purchasing, and sales strategies.
To create a new Inventory Profit Margin report:
Navigate to the Reports tab in the main menu.
Click on Inventory Profit Margin in the list of available reports.
Click the New Report button to generate a new report.
The report will display the sales price, cost price, and profit margin for each inventory item, allowing you to assess performance at a glance.
Note: The screenshot illustrates the steps to create the Inventory Profit Margin report.