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Item profitability report

How do I create this report?

Choose Reports > Jobs, Time & Mileage > Item Profitability.

What this report tells you

This report summarizes how much money your company has made to date from each item that you sell. The report subtotals the data first by item type and then by item.

  • The Act. Cost column shows the costs that your company incurred in purchasing the item.

  • The Act. Revenue column shows the revenue your company received from sales of the item.

  • The ($) Diff column shows the difference between costs and revenues. A positive amount in this column means that your company made money; a negative amount means that your company lost money.

Date range

The report covers all dates from your QuickBooks records. You can restrict the period covered by choosing a different date range from the Dates drop-down list.

What do the different date ranges mean?

Ways to customize this report

Determine whether subcontracted services are profitable

To do this task

  1. Click the Customize Report button at the top of the report.

  2. Click the Filters tab and choose Items from the Filter list.

  3. Click the Item drop-down arrow and choose the items you have set up for subcontracted services.

See also

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