Reports2–31 October 2026
Reports your accountant will accept
Profit & loss, sales, expenses and inventory valuation — generated from the same records as the rest of your workspace.
Revenue
₦10,404,500
86 sales · excl. VAT
Gross profit
₦6,219,800
59.8% gross margin
Operating expenses
₦1,778,450
7 categories
Net profit
₦4,441,350
42.7% net margin
Period: 2–31 October 2026NGN · tax rate 7.5%
Profit & loss statement
Aurelia Studio · 2–31 October 2026
| Line item | Amount | % of revenue |
|---|---|---|
| Revenue (subtotal less discounts) | ₦10,404,500 | 100.0% |
| Discounts given | −₦107,000 | -1.0% |
| Cost of goods sold | −₦4,184,700 | -40.2% |
| Gross profit | ₦6,219,800 | 59.8% |
| Expense · Inventory | −₦622,500 | -6.0% |
| Expense · Salaries | −₦620,000 | -6.0% |
| Expense · Marketing | −₦355,000 | -3.4% |
| Expense · Logistics | −₦55,150 | -0.5% |
| Expense · Packaging | −₦48,500 | -0.5% |
| Expense · Utilities | −₦42,300 | -0.4% |
| Expense · Software | −₦35,000 | -0.3% |
| Total operating expenses | −₦1,778,450 | -17.1% |
| Net profit | ₦4,441,350 | 42.7% |
VAT collected is a liability and is excluded from revenue.₦780,346 VAT
Basis of preparation
How these figures are calculated
- Revenue is the sum of sale subtotals less order-level discounts, excluding VAT.
- Cost of goods sold uses the recorded cost per unit at the time of reporting.
- Operating expenses are grouped by their recorded category and transaction date.
- No estimates, accruals or forecasts are included in this statement.
Audit trail included
Every record change is logged with the actor and timestamp, so exported reports can be traced back to their source.
Summary ratios
- Gross margin
- 59.8%
- Net margin
- 42.7%
- Expense ratio
- 17.1%
- Average order
- ₦120,983
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