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I got you covered today, natesh-bioware-m.
In QuickBooks Online you'll need to manually calculate the Gross Profit (GP) on every sale.
Let's run the Profit & Loss Detail or Income statement then click each invoice. Then, you can manually calculate the Gross Profit (GP) on every sale. Below is the formula on how to calculate GP:
Gross Profit = net sales revenue - the cost of goods sold
Learn more about gross profit including running a profit margin analysis and lowering costs and increase revenue using the gross profit formula:
I also suggest seeking guidance from an accounting professional. They can provide expert advice on how to deal with it since the goods are shipped twice. You can also find an accountant by clicking on this link: Find an accountant.
If there's anything I can help you with about calculating gross profit, feel free to drop me a reply below. Hope you have a good one.
Where is your company located? As another option, explore a Business Intelligence app for analytic purpose.
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