Ok, first off, I'm new to Auction Wizard after using AuctionTrakker and Sold from Timber Creek.

I love the fact that Auction Wizard lets you track all expenses related to each auction (insertion,FVF,etc.). Now my question is this:

For each of my auctions, I put all expenses related to each item in the auction lot (insertion, fvf, paypal/billpoint fees, and shipping fees).

However, when I run a profit report, Auction Wizard doesn't take into consideration that you are also collecting shipping and handling for each auction lot. The profit report is based on the final sale price, not the final sale price + shipping & handling + insurance.

Am I right? Isn't this the way it's supposed to be: Total Income - Total Expenses = Gross Profit ?