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Home > Margerp > Profit And Loss > What is the reason for Mismatch in Gross Profit report and Profit and Loss Account in Marg ERP Software ?
What is the reason for Mismatch in Gross Profit report and Profit and Loss Account in Marg ERP Software ?
Ans.1
Cause:
- The Gross profit report is generated on the basis of Sale Rate and Cost and it does not include any type of expense.
- Profit and Loss Account includes the Direct expenses, purchase, opening and closing stock, etc.
That's why the Gross Profit and Profit and Loss Account do not match.
