How to Calculate Net Profit Per Product Using Income Statement Reports with Product Filtering and Performance Comparison

Here’s how to find out the profit for a specific product by extracting an Income Statement report through the following steps:

• 1. Go to Reports.
  2. Select Income Statement.
  3. Select the required date.
  4. Use the Dimensions feature to filter the report.
  5. Select Products and choose the products you want to know their net profit.

• The report allows you to compare profits between different products.