What is gross profit report?

Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. 

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How does the system calculate costs?

The costing method used by the system is：Moving Weighted Average Cost Method 

In order to better understand this cost calculation method, we give an example：

Under the perpetual inventory system, we would determine the average before the sale of units.
Therefore, before the sale of 100 units on 2022-2-28, our average would be:

Before the sale of 70 units on 2022-3-27, our average would be: