Understanding GST in Profit Calculations: Should It Be Included or Excluded?

To effectively report the CEO's profit, loss, and other expense reports, it is essential to consider the inclusion of GST when buying and selling. Should GST be factored into the profit calculations, or is the actual profit calculated without considering GST?

Profit without GST is the actual profit. You do not retain GST; it has to be deposited in the next month.

Thanks,

Dinesh Divekar