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GST & accountsSee your real profit

Sales are not profit. This page takes away what the goods cost you, the payment gateway’s fees and your expenses — and shows which products really make money.

  • 3 steps
  • 0:29 video
  • Store admin → Money → Profit
  • Everyday

Jump to a step

The video has no sound: the captions on screen explain each step, and every step is written out below with a picture.

  1. 1

    Profit and loss

    Open Profit under Money and set From and To. Profit and loss goes from Sales to Net sales, What the goods cost, Gross profit, your expenses and gateway fees, down to Net profit — with a month-by-month table below.

    Excel downloads the statement.

    Step 1: Profit and loss
  2. 2

    Which products make money

    By product lists the margin on each product. A product with no cost shows cost not recorded; one under 15% margin is flagged.

    Step 2: Which products make money
  3. 3

    Cash and accounts

    Cash and accounts keeps your bank accounts and cash drawer. New account adds one; Record money by hand adds money in or out that did not come through an order; Today’s cash book shows the day.

    Step 3: Cash and accounts

Stuck on a step?

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