Gross Profit Ledger Report

The Gross Profit Ledger report produces Gross Profit for all transactions in a user-defined period of time. The report provides a breakdown of Sales, Purchases, Cost, and Profit. The Gross Profit Ledger allows the user to quickly view their net gain or loss, and the transactions involved, over a specific time frame.

Note: If a worksheet has been invoiced, and then adjusted, the invoice may not show up on the same report as the adjustment. For example, if a worksheet was invoiced in March and adjusted in April, the Gross Profit Ledger for April will show the adjustment, not the original invoice.

What Worksheets Appear on the Gross Profit Ledger?

• The Gross Profit Ledger will include any worksheet that impacts gross profit, which includes Shipping and Brokerage worksheets. 
• In the case that there are posted adjustments created on Receiving tickets, these will also appear on the Gross Profit Ledger.
  • Note: The Gross Profit Ledger will not take into account the receiving ticket itself, but the PR number will be listed because it is the worksheet number where the adjustment was created. The ledger is looking at the gross profit impact of the posted adjustment on the receiving ticket.

If you have additional questions, please contact the Support Team via email to  support@cietrade.net.