Gross profit

Meaning

Gross profit is the company’s profit from the sale of goods and services, minus the cost of producing the goods and services.

Key points

• Gross profit appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, gross profit is used to keep invoice and payment operations structured and auditable.