Net Profit %

Overview

We have introduced an additional line in the ‘Periodic Trial Balance’ to display the net profit percentage. This is calculated as follows: (Profit for the year/Sales Year till Date)*100 = Net Profit Percentage. 

For more details see below:

Fig 1. Sales Year To Date 

Image_I_net_profit_percentage.png

Fig 2. Profit for the year and Net profit percentage is highlighted with red mark. 

Image_II_net_profit_percentage.jpg

Here Figure 1 shows:  Sales YTD= 61967.89 

Figure 2 shows.  Profit for the Year = 42695.34 

So the Net Profit % is = (42695.34/61967.89)*100 =68.90    

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