We would like to calculate gross profit on every sale. A sale comprises of Product purchase, sale price & shipping. Sometimes the goods are shipped twice

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: 

• How to run a profit margin analysis for your small business.
• Lower costs and increased revenue using the gross profit formula. This article is made for the Australian version of QuickBooks but it contains information that is applicable to other regions like the US.

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.

@natesh-bioware-m 

Where is your company located? As another option, explore a Business Intelligence app for analytic purpose.