What is the difference between gross sales and revenue?

abcbbc發表於2011-09-15
ROS

Gross sales represents the total amount you received for an item; whereas revenues refer to the total amount you received less any discounts.
For example, If you sell your widget for $100, your gross sales are $100. If you offered a 5% discount, then your gross sales are still $100; whereas your revenues are $95 (gross sales minus discount).
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