The Profit Margins report shows revenue, cost, and gross profit for every product you've sold in a date range, so you can see what's actually making you money and what isn't.
Go to Reports > Accounting > Profit Margins.
Summary cards: Total Revenue, Total Cost, Gross Profit, and Overall Margin %. The margin is color-coded - green for 30%+, neutral for 15 to 30%, red below 15% - so you can scan at a glance.
The product table lists every SKU sold with quantity, revenue, cost, profit, and margin %. Click a product name to open it in the catalog if you want to adjust pricing.
Use this report to
- Find under-priced products eating into your margin
- Spot strong sellers worth promoting
- Compare margin trends month over month
Margins are calculated using the cost recorded at the time of sale, not the current cost - so if you've had price changes, you're seeing a true historical margin.