Gross Profit is the total amount invoiced on a job less the cost of total purchase orders on the job.

## Total Invoiced

In this instance the total amount invoiced on this job is $7,220

## Total Purchase Order Costs

The total purchase order costs are $1000

## Gross Profit

So Gross Profit is total Invoiced $7,220 less total Purchase Orders $1000 = $6,220.