Gross Sales

Gross sales

Total sales calculated by summing all sales at invoice values, neglecting any adjustments such as customer discounts, excise taxes, or returns.

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Gross Sales

The revenue a company derives from sales before making any deductions for discounts, transportation, and some other expenses. Gross sales contrast with net sales, which account for some of these basis expenses. They also contrast with cash flow because gross sales include credit sales that the company may not have collected.

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gross sales

Total sales for a period before discounts, returns, and freight expenses have been deducted. Compare net sales.