Gross Profit Margin Calculator Calculate Gross Profit Margin based on Cost Of Goods Sold
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Gross Profit Margin Calculator Description

Gross Profit Margin Calculator is a lightweight and practical piece of software that provides you with a simple means of calculating Gross Profit Margin based on Cost Of Goods Sold (also referred to as COGS). The main window of the program is very simple and easy to work with. It displays four variables that help you to calculate and view your Gross Profit, namely ‘COGS Amount’, ‘Profit Margin’, ‘Resale Total’ and finally, ‘Gross Profit’. Each time you modify the first two variables, you will notice that the last two will change accordingly. Working as an accountant, you surely know that gross profit (which is also known as sales profit) calculates the difference between revenue and the cost of creating a product or providing a service, while the cost of goods sold is a variable that refers to the carrying values of goods sold during a specific period of time. By using Gross Profit Margin Calculator you are able to ease your work and automatically calculate all the necessary variables that you might need in order to identify the costs associated with particular goods. In case you want to calculate specific taxes, simply tick the proper check box located in the bottom pane of the application. Three more labels will be displayed in the main window, namely ‘Sub Total’, ‘Tax 1’ and ‘Tax 2’. Hence, if your gross profit margin is declining over time, you might need to improve your management and monitor all the costs, and here is where Gross Profit Margin Calculator comes in handy. Additionally, if you notice that your costs of production are rising faster than you have estimated, then some adjustments are necessary. To conclude, Gross Profit Margin Calculator comes in handy for manufacturers, accountants and economists who need to analyze and calculate the Gross Profit by specifying the profit margin and the COGS. Reviewed by Cristina Jitaru, last updated on February 1st, 2014

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