Gross Profit % shows as '-' in my P&L
If you've been keeping an eye on your Profit & Loss (P&L) statements in Basis, you might have spotted a quirky thing. You see, 'Gross Profit %' gets neatly calculated for your monthly columns, but for Quarterly and Yearly columns, it just shows up as '-'.
Why Can't You See Aggregate % for Quarters and Years?
It's Complicated: The issue is that we can't just average out the 'Gross Profit %' from each month for a longer period.
The Denominator Dilemma: The puzzle piece is the denominator – the system can't automatically figure out what this should be for each month to accurately calculate Quarterly or Yearly aggregates of percent line items like 'Gross Profit %'.
Looking for a Fix?
Custom Creation: If having 'Gross Profit %' for longer periods is crucial for you, there's a workaround. You can create a custom Numeric line item.
DIY Approach: Plug in hard-coded values for your custom 'Gross Profit %' line item. It requires a bit more legwork, but it gets the job done.