Go to the Module (menu) > Store > Find a Report > Profit to run a report of total profit on items.
Both Item Price and Item Cost are the current amounts and are displayed for informational purposes only. This report does not calculate an average of the actual cost and price of the items that were sold. The actual price and cost of each transaction are used to determine Net Sales and Cost.
Each transaction’s item price multiplied by quantity sold less total discounts (using the item price as of the date of each transaction).
Each transaction’s item cost multiplied by quantity (using the item cost as of the date of each transaction).
Net Sales less Cost.
Save this as a frequently used report! Click the heart (icon)next to a report name, the heart will change to redand the report will be listed under the Reports (menu) > My Reports for quick and easy access!