Method and assumptions
Use a period total rather than a single order to include monthly app costs and actual advertising spend. Enter the processing terms from your plan and payment provider.
Net profit = revenue - discounts and refunds - product cost - fulfillment - payment processing - Shopify transaction fee - apps - advertising.
Common questions
Should gross sales include sales tax?
For a management margin view, exclude taxes collected on behalf of authorities. Use the same accounting basis across every input.
What is the additional transaction fee?
Some plans charge an additional Shopify fee when using an external payment provider. Enter zero when it does not apply.
Independent calculator. Not affiliated with or endorsed by the platforms mentioned.