ProfitPRO calculator caters the following tax types when doing gross profit calculations:
– GST
– GST & WET
– HST
– Sales Tax
– VAT
Depending on the selected tax type the following editable fields will be available:
– Cost price excluding GST/WET & GST/HST/Sales Tax/VAT
– Landed unit cost excluding GST
– Cost price including GST/HST/VAT
– Selling price excluding GST/HST/Sales Tax/VAT
– Selling price including GST/HST/Sales Tax/VAT
– Gross profit
– Mark up
Depending on the selected tax type the following calculated fields will be available:
– Gross profit amount
– Mark up factor including GST/HST/Sales Tax/VAT