SellerCloud offers two ways to calculate profit:
- Cash Profit – This is based on the Payment amount of the order. Calculation: (Payment – Refunds) – (Item Cost + Total Fees) + Adjustments.
- Accrual Profit – This is based on the Grand Total amount of the order. Calculation: Sum(Grand Total) – (Item Cost + Total Fees) + Adjustments.
Note: Sum(Grand Total) = Order Grand Total – Return Grand Total.
In SellerCloud, you can switch between these 2 options with the Cient Setting Accounting Basis (Cash Basis or Accrual Basis).
This setting will reflect on the P&L of the individual orders. Hovering over the Profit value will display the other calculation.
Profit and Loss Reports can be generated in both ways using the Profit Calculation button on the top right.