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Thread: Gross Revenue

  1. #1
    Join Date
    Jun 2005
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    Default Gross Revenue

    Dear Sir/Madam,
    I sold 10 products, $20.00 each. So the total amount I got (US$200.00) called GROSS REVENUE ?
    Awaiting for your reply.

    Sincerely yours

    Tuan

  2. #2
    Join Date
    Dec 2004
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    959
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    Default Re: Gross Revenue

    Quote Originally Posted by luungtuan
    Dear Sir/Madam,
    I sold 10 products, $20.00 each. So the total amount I got (US$200.00) called GROSS REVENUE ?
    Awaiting for your reply.

    Sincerely yours

    Tuan
    It means that on that $200 you will have to pay tax. Gross revenue is the amount of money before taxes are taken off.

  3. #3
    Join Date
    Jun 2005
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    Default Re: Gross Revenue

    Thanks alot.

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