Gross profit discrepancy in P&L reports
Problem reported by Richard Cooper 8 years ago
The P&L report found under Reports > Financials > Profit & loss shows a different gross profit figure for me to the one found under Reports > Management report. Is that deliberate or an error?
The difference seems to stem from two things:
- The P&L report includes finance income in the gross profit figure. The management report does not.
- The P&L report includes the "Cost of sales" account type in the gross profit figure. The management report includes the whole "Cost of sales" account category. Using the default account codes that distinction doesn't matter because there is only one account type in the cost of sales category, but I've added extra account types here so it does make a big difference to my figures.