Small-business finance
Job profit and margin
Reconcile a completed job using actual revenue and actual costs.
Your inputs
Complete the fields for your selected method. Zero means intentionally zero, not unknown. Currency selection labels amounts; it does not convert exchange rates.
How this calculation works
profit=revenue-sum(costs); margin=profit/revenue.
Use actual costs for this job; gross profit is not after-tax profit. Zero revenue has no defined margin.
What information do I need?
Use records for the same job, equipment or accounting period. Only the fields for your selected entry method are required. An unknown amount is not zero.
Input definitions and where to find them
- Actual job revenue (selected currency): Actual job revenue from the job ledger; match the basis of recorded job costs.
- Actual job costs: One row per distinct actual job costs, on the stated row and period basis. Do not enter both components and their total.
- Cost amount (selected currency): Matching invoice, quote, statement, bookkeeping record or explicit budget amount for cost amount. Use the stated period and exclude amounts already counted in another field. Zero means intentionally excluded/not incurred, not unknown.
Use the Where to find this value controls beside the inputs for available work-it-out helpers. Estimates remain your assumptions; a helper does not verify the source figures.
Worked example
Example amounts use US dollars (USD).
Example answer: Job profit is $800.00 for the illustrative inputs below.
Example inputs
- Actual job revenue: $2,000.00
- Actual job costs
- Cost amount: $800.00
- Cost amount: $400.00
- Job profit
- $800.00
- Job gross margin
- 40.00 %
- Total job cost
- $1,200.00
These illustrative values are not recommended rates or industry averages. Replace every example input with your own figures.
Use the result well
Reconcile a completed job using actual revenue and actual costs.
Keep inputs on the same scope and time basis. Calculations retain precision internally; displayed values generally round to two decimal places, with extra precision for very small values and whole-unit rounding where required. Economic comparisons describe your supplied assumptions and do not guarantee future results.
This tool provides business arithmetic. It does not approve engineering designs, establish legal or tax treatment, select equipment or certify safe operating conditions.