Product Based Profit
📄 Product Based Profit Report
The Product Based Profit Report provides a detailed analysis of profitability at the product level, showing the difference between the sales revenue and the cost of goods sold (COGS) for each product over a selected period. It enables businesses to identify high-margin and low-margin products, monitor pricing effectiveness, and take strategic decisions to improve overall profitability.
🎯 Purpose of the Report
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To evaluate profit contribution from each product.
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To identify loss-making or low-margin products.
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To assist in strategic pricing decisions.
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To help in inventory and sales planning based on profitability.
📌 Key Data Fields
| Field | Description |
|---|---|
| Product Code / SKU | Unique identifier of the product. |
| Product Name | Full name or description of the product. |
| Category / Brand | For classification and grouping. |
| Unit of Measure (UOM) | Sales unit (e.g., pcs, kg, m). |
| Quantity Sold | Total number of units sold in the period. |
| Average Sale Rate | Average per-unit selling price. |
| Average Cost Rate | Average per-unit cost (based on purchase price or weighted cost). |
| Total Sales Value | Gross revenue generated from sales. |
| Total Cost Value | Cost of goods sold for the sold quantity. |
| Gross Profit Amount | Sales value minus cost value. |
| Gross Profit % | (Profit / Sales Value) × 100. |
| Branch / Location | Branch or warehouse where sales happened. |
| Salesperson | Person responsible for the sale (optional filter). |
🔍 Filter & Search Options
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Date range.
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Product code / name.
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Product category or brand.
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Branch / warehouse.
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Customer.
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Salesperson.
📊 Insights Provided
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High-profit products driving revenue.
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Low-margin products that need pricing review.
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Seasonal or trend-based profitability changes.
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Branch-wise or salesperson-wise profit comparison.
📤 Export & Integration
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Export to Excel, CSV, or PDF for further analysis.
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Integration with Inventory Valuation to calculate COGS accurately.
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Can generate alerts for negative-margin sales.
✅ Benefits
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Helps focus on high-margin products to boost profits.
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Reduces losses from underpriced items.
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Supports data-driven pricing and stocking strategies.
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Improves overall business profitability management.
📈 Example Layout
| Product Code | Product Name | Category | UOM | Qty Sold | Avg Sale Rate | Avg Cost Rate | Sales Value | Cost Value | Gross Profit | Profit % | Branch |
|---|---|---|---|---|---|---|---|---|---|---|---|
| P1001 | Laptop Model X | IT | Nos | 50 | ₹48,000 | ₹42,000 | ₹24,00,000 | ₹21,00,000 | ₹3,00,000 | 12.5% | Dubai |
| P2050 | Office Chair | Furniture | Nos | 120 | ₹3,000 | ₹2,200 | ₹3,60,000 | ₹2,64,000 | ₹96,000 | 26.7% | Sharjah |