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Definition 2024

gross_sales

gross sales

English

Noun

gross sales pl ‎(plural only)

(plural only, business, accounting) The total invoice value of sales, before deducting customers' discounts, returns, or allowances.
- $\mathrm {Net\ Sales} =\mathrm {Gross\ Sales} -\mathrm {(Customer\ Discounts,\ Returns,\ Allowances)}$

Translations

total sales before deducting discounts etc.

Swedish: bruttoomsättning c