The GPM is calculated using the following formula:
(Total Sales - Total Cost) / (Total Sales)
Here are some important facts to keep in mind:
Total Sales does not include the additional charges nor the fuel surcharge.
Total Cost includes freight & handling, unit flower cost, duties, inbound truck freight, and other charges and costs associated. The system will use the real freight once it's entered for each AWB. When the real freight is not entered, the system will use the estimated values entered in the Financial Settings.