The figure
The card shows profit after expenses. That is the amount your business kept from what it sold, once what you spent running it has come off. Accountants call this net profit.
It is not gross profit, which counts only sales minus the cost of the goods you sold, before overheads such as rent, wages and utilities.
Why it matters
If you compare the card with a report that shows gross profit, the two will differ by your expenses. That is expected. Compare like with like.
An older view also took expenses off a second time and showed the result as an estimated net, which understated profit. The card and the profit view now both say Profit and show it after expenses once.
Cash and bank on the graph
The Cash and bank figure on Home is matched to the accounts on the graph beside it, so the two agree.
If you want gross profit, you will find it in the reports. It appears on the income statement and the sales total report in Backoffice, and on the Today report in the app.
Quick answers
Profit means after expenses.
Gross profit is before overheads.
Expenses are counted once.
