Gross Margin
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Overview
Tracks the Gross Margin through a period of time.
Users have the ability to either view the gross margin for a particular period (a dropdown allows users to include or exclude taxes) or the history of this KPI (with a chart).
Calculation
Gross Margin is calculated as follows:
Gross Margin = Total sold - Total purchased
Settings
Click the cogwheel to access the following settings:
- Time period selection: pick the time period you want the widget to be based on.
- Account: select the account whose you want to check the balance.
See it in
App NameXero
There is no "Gross Margin" report in Xero by the time this article is written. The only way to reconcile the data shown in Impac! is to retrieve both the total amount sold and the total amount purchased and calculate the difference between the 2 to get the gross margin.
Cesar Tonnoir (Unlicensed) I am not sure where to find the total sold and the total purchased in Xero. Can you help me?