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We’re excited to announce that the 2025 Community Recap is now available! This special recap highlights the amazing contributions and achievements of our members over the year and celebrates the collective success of our community.
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Gross profit reconciliation - is this not possible?
I have reviewed the threads re gross profit reporting and have spent some time now trying to create that will somehow allow me to calculate and report Gross profit.
My Issue is simple in theory:-
1. I select the Profit KPI and/or run a P&L report in Netsuite and get
my totals for
Sales X (this is made up of Freight Income, Sales and Sales Discounts)
Purchases Y (COGS and Stock Adjustments)
Sales - Purchase gives me my Gross Profit Z
I then have attempted to create a save search that allows me to identify the Gross Profit at a transaction level by performing a transaction saved search. Using formulas I have reached the point where I can at least reconcile the overral totals on the P&L for Sales and Purchases.
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