Understand profit calculations

VoltPro provides detailed profit calculations and visualizations to help you understand your estimate profitability.

How VoltPro Calculates Basic Profit

For each line item:

1. Material Profit: (Price × Quantity × (1 + Markup%)) - (Cost × Quantity)
2. Fixed-Price Item Profit: (Fixed Price × Quantity) - (Cost × Quantity)
3. Labor Profit: (Labor Rate × Hours) - (Labor Cost × Hours)

The total profit is the sum of all individual item profits.

Profit Visualization

VoltPro displays profit information in a visual progress bar:

1. Green Section: Represents your profit amount
2. Yellow Section: Represents your cost amount
3. The relative sizes of these sections show your profit margin at a glance

Below the progress bar, you’ll see:

• Profit amount in currency (e.g., “$1,250”)
• Cost amount in currency (e.g., “$3,750”)

Detailed Profit Breakdown

To see a detailed breakdown:

1. Hover over the profit badge in the totals section.
2. A popover appears showing:

• Materials profit
• Labor profit
• Total profit amount
• Profit margin percentage

Profit Margin Calculation

VoltPro calculates profit margin as:

1. Profit Margin % = (Total Profit ÷ Subtotal) × 100
2. This represents the percentage of your revenue that is profit.
3. The profit margin calculation appears when you hover over the progress bar.