What is Net vs. Gross Profit?

Budgets calculate the expected profit of your projects.

When you create a Budget, JobNimbus will calculate both the Gross and Net profits. You will see your profits displayed in the Budget as both a percentage and a dollar amount.

Your Gross profit is calculated by subtracting the cost of your Products from the total price at which you are selling the service. This total can either be entered manually or pulled from an existing Estimate.

Your Net profit is calculated by taking your Gross profit and subtracting your extra expenses, such as commissions.