gross receipts
Pre-deduction earnings
Gross receipts are the total revenue a business takes in before any deductions for expenses, returns, or allowances.
The term appears frequently in tax contexts, where businesses must report gross receipts to determine tax liability: Businesses with gross receipts under a certain threshold may qualify for simplified accounting.
Unlike net income, gross receipts reflect raw intake rather than profit.
- top lineMost important position
- total revenueAll money received
- ticket salesRevenue from admission purchases
- box officeTicket sales revenue
- tax returnIncome declaration to government
invoicing · tax liability · tax bracket · service fees · turnover · financial statements · annual report · cash flow · profit margin · deductions · sales revenue · revenue streams · tax credits · operating income · withholding tax · tax audit · client contracts · reconciliation
- publishing financebook sales, profit margins, production costs, distribution costs, advances
- publishingpublishers, editors, editor, publishing house, books
- taxessales tax, income tax, estate tax, excise tax, corporate tax
- corporate taxestax rate, tax rates, tax liability, tax code, tax brackets
- profit sharingprofit sharing, profit-sharing, shared profits, revenue sharing, bonus
- corporate taxcorporate tax, corporation tax, corporate taxation, taxable income, tax liability
gross receiptsnet income
Profit after all deductions
net profit · net revenue · net earnings · net proceeds · bottom line
gross receiptsoperating costs
Regular expenses for functioning
overhead · cost of goods sold · operating expenses · overhead costs
gross, receipts, grossly, grossness, grosser, grossest, receipt, receive, receiver