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Thread: Gross Revenue


    • Join Date: Jun 2005
    • Posts: 11
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    #1

    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

  1. Marylin's Avatar

    • Join Date: Dec 2004
    • Posts: 959
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    #2

    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.


    • Join Date: Jun 2005
    • Posts: 11
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    #3

    Re: Gross Revenue

    Thanks alot.

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