Profit Reports
Revenue minus cost, by product and overall
See your gross profit by product, category, and time period. Built on cost prices recorded at purchase — accurate, not estimated.
Growth & Tax
Data Synced
Total Revenue
₹8.4L
GSTR-1
Ready
GSTR-3B
Filed
Tally Prime
Export XML
Top Category
Electronics
Reports
PDF / Excel
What do you get out of it?
You find out what you earned, not just what you took. Because cost price sits beside selling price on every product, profit is a figure the system already holds rather than something you reconstruct on a Sunday.
How does it work?
- 1
Cost and selling price both live on the product
Each variant carries what you paid and what you charge, so margin is available per item rather than as one average across the shop.
- 2
Profit follows the sale
Every invoice line knows the cost behind it, so the profit on a day, a week or a single product is a subtraction the system performs rather than an estimate you make.
- 3
Any date range you choose
Read a festival week on its own, or a full quarter. The period is yours to set, which is what makes comparisons meaningful.
- 4
Discounts are reflected honestly
Where a line was sold below list price, the margin reported is the one you actually earned on that sale.
What situations does it handle?
A best-seller with a thin margin
Volume hides this in the daily total and nowhere else. Per-product profit is precisely the view that surfaces it.
Buying the same item at two prices
The last purchase price stays on the product, so margin reflects your current buying cost rather than an old one.
A deliberate loss leader
It reports as what it is — a considered decision, visible rather than silently dragging the average down.
How do you get more out of it?
- Read profit per product monthly, not just revenue. The line that sells most is rarely the line that earns most.
- Update cost price the day a supplier raises theirs; every margin figure after that point depends on it.
- Compare the same week across two months rather than consecutive weeks — seasonality distorts short comparisons.
Common questions
Can I see profit per product?
Yes. Cost price and selling price are both held against each product variant, so profit is reported per item and per variant as well as across the shop.
Does the profit report account for discounts?
Yes. Where a line was sold at an adjusted price, the margin shown is the one actually earned on that sale rather than the list-price figure.
Can I choose the period for a profit report?
Yes. Any date range works, so you can read a single festival week, a month or a full quarter and compare like with like.
Included free in every plan
Profit Reports isn't an upgrade or paid add-on. It sits inside Wiseventory alongside GST billing, inventory, POS, GSTR-1 filing and the rest. One simple price for everything.
Free tools you can use right now
No signup, no watermark — they run in your browser.