net sales

Revenue minus deductions

Net sales is the revenue a company actually keeps after subtracting returns, allowances, and discounts from gross sales.

It reflects what customers ultimately paid rather than what was initially charged: Net sales dropped after the holiday return period.

The figure appears on income statements as the top line for measuring business performance.

Related

total · cash · deductions · price · advance payment · income · operating income · gross · gross profit · earnings · receipts · transactions · sum · balance sheet · financial reporting · wholesale · commissions · retail

Categories
Opposites
accounting deductions

net salesgross sales

Total income pre-deductions

gross revenue · total sales · gross income · total revenue · gross receipts

financial position (inflows vs outflows)

net salescost of goods sold

Direct expenses for inventory sold

net losses · operating expenses · discounts

Family

net, sale, sales, seller, salesman, salesperson, resale, sellers, saleswoman

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