Profit and loss calculator
Don't rely on luck when it comes to making a profit on your next job.
Make a profit on every job with our calculator.
Use it before, during or after the job to check your profit margin.
✅ Materials - Find out how much money you've spent on materials and what the markup should be in the job overview worksheet.
✅ Labour - Check the hours of Labour spent is on track and charged out correctly in the job overview worksheet
✅ Job Overview Report - The job overview report gives you a breakdown of where you're making and losing money.
Check out our top tips for staying ahead of your profit goals
Just in time material purchases
Avoid stocking up the van and order what you need. That's not always practical though, so make it a habit to regularly check the stock in your van and return unused materials.
Avoid a loss leader strategy
You may win more business initially by undercutting your competition, but you'll soon find that you need to compromise the quality of your work. Or worse, you can't cover your costs. Instead, focus on fair pricing that allows you to do a quality job. A loss leader strategy is a race to the bottom.
Learn the science of selling
It can be hard to change tact from being on the tools to but it's necessary to keep customers coming in. The science of selling will help you to stand out in a competitive market, and improve client relationships.
Get the right tools to support you
Paper job cards, spreadsheets and Google calendar can help you manage your day to day work but it's a lot of data entry and double handling. Find a job management software that can streamline your work and make it easier to keep on top of your finances.
Frequently asked questions
Who is this calculator for?
Is the Profit and Loss Calculator free to use?
What kind of financial data should I input into the Profit and Loss Calculator?
How often should I use the Profit and Loss Calculator for optimal results
Does this calculator integrate with my accounting software?
What's the difference between margin and markup?
How can I automate my profit and loss analysis?
It has literally cut my office time from 1-day per week to 1-day per month.
Can't recommend it enough, great to make jobs easily trackable, paperless while also keeping file of jobs forever. Get into it!
I love that everything is only a click away, simple job management
Job costing and invoicing is extremely easy and can be done every day. Nothing gets lost if its loaded into the job.
Transformative, efficient, streamlined operations
I have been using this job management software for my business and it has truly transformed the way we operate.