How to calculate your shop's daily profit
4 min read
The cash in your drawer at closing time is not your profit. Here is a simple way to see what you actually earned.
The basic formula
Profit = total sales − cost of the goods you sold − the day's expenses.
- Example: sales Rs 20,000, cost of those goods Rs 16,000, expenses Rs 1,500.
- Profit = 20,000 − 16,000 − 1,500 = Rs 2,500.
Count udhaar separately
Goods sold on udhaar are sales, but the cash isn't in the drawer yet. Track them so your sales total stays accurate.
Use your sales record
Recording every bill gives you a reliable sales total at the end of the day instead of a guess.
Related: Retail billing software for the shop counter
Try MayreDukaan for your shop
Download the Android app or open the web app on your computer.