Shopify Net Profit Report

What the report computes

The Net Profit report joins Shopify revenue with cost data already in Odoo and subtracts Shopify-side costs (fees, refunds, adjustments):

net_profit = revenue
           − product_cost            (from Odoo's standard / average cost)
           − shopify_fees            (from imported payouts)
           − refunds_and_adjustments (from imported orders / payouts)

Sort the result by product, period or order to find your real margin contributors — not just the top sellers.

Overview

The Net Profit report joins Shopify order revenue with the cost data already in Odoo (product cost, Shopify fees, refunds, adjustments) so you can see real margin per order, per product or per period — without exporting to a spreadsheet.

It's the report most stores want once they've finished onboarding: not "how much did I sell" but "how much did I keep".

Analyze profitability of your Shopify sales directly in Odoo.

Accessing the Report

Navigate to Shopify → Reports → Sync Reports to view synchronization activity.

Report Breakdown

Column	Description
Revenue	Total Shopify sales (ex. tax)
COGS	Cost of goods sold from Odoo products
Gross Profit	Revenue minus COGS
Shopify Fees	Transaction and processing fees
Net Profit	Final profit after all deductions

Need Help?

Contact SDLC Corp at sdlccorp.com/contact-us or email sales@sdlccorp.com

Related

• Sales Report — top-line revenue without the cost side.
• Shopify Payouts — the source of Shopify-side fees that feed Net Profit.
• Order Configuration — make sure imported orders carry the costs Net Profit relies on.