Gross profit in Buildxact is designed to show cash flow during the job, and then at the conclusion of the job it will show the final profit. In Buildxact we show the gross profit info in two places:
1. In an individual job in the top right
2. On the list of all jobs
In both places we show gross profit as a percent and a dollar figure, and the math to calculate this is as below.
$ Gross profit = total invoiced to date – actual amount spent to date
% Gross profit = ($ Gross profit / Total invoiced to date) x 100
Notes:
The amounts given are without tax.
Gross profit is a margin style calculation as opposed to markup used elsewhere in Buildxact. For more info on the difference see the link below.