Read profit

Use Deal P&L on Accounting overview and Books P&L on the income statement.

Exreach shows two profit views. They can differ until projects are closed and Books catch up. That is expected.

Deal P&L (Accounting overview)

Open Accounting. The gross section uses closed (reconciled) projects only.

  • Gross profit = revenue − product cost − shipping − other costs
  • Gross margin % = gross profit ÷ revenue (not markup)
  • Net profit = gross profit − operating expenses
  • Outstanding = pending invoices plus work that is not closed yet

Filter by this month, quarter, year, or lifetime.

Screen guide: Accounting. Marketing: Accounting.

Books P&L (income statement)

Open Accounting → Income statement for profit from posted Books and ledger activity, in the workspace base currency (Settings → General).

Use this view when you want the accounting books, not only closed deals.

What to check when numbers disagree

  1. Are all finished jobs closed? Open projects do not enter Deal P&L.
  2. Are customer receipts in Books → Income and linked to the invoice?
  3. Are factory, freight, and inspection costs in Books → Expenses on the project?
  4. Did you log operating costs (salary, office) as expenses without a project, or with an overhead category?
  • Accounts receivable: amounts still due on invoices
  • Balance sheet: assets, liabilities, and equity in base currency
  • Trial balance: account totals as of a date
  • Journal: posted entries

See Accounting for each screen.