How do I calculate the gross margin report?
A company's gross margin report can be a useful tool for measuring and expressing profitability. To calculate the gross margin, divide the gross profit (total revenues minus cost of goods sold) by the total sales. This can be easily done using Sourcetable.
Gross Margin = Gross Profit/Total Sales
Knowing and understanding your company's gross margin report is an important step for any business. It can provide valuable insight into the health of the business and help identify areas for improvement.
What does the Gross Margin Report show?
A Gross Margin Report shows the total cost of goods sold, total revenue, and the gross profit or loss for a company.