How do you make an hour? figure out what your wage would be if you worked 8 hours a day, 4 hours a day. Let's say you make 4.00 an hour and worked 5 hours a day. Your gross wage would be 20.00 a day ( 4 X5) and if you worked 4 days at 20.00 a day that would be 80.00 ( 4 x 20) and if you worked all 4 weeks that month your gross wage would 320.00. You can work this backward if you have to and your pay check should show you the tax, SS, FICA, and state/fed taxes taken out.
Gross income is all monies earned and received before deductions. ( taxes, EI, Union Dues, etc ) After deductions it is considered Net income.
Gross sales is the amount of money received for all sales before expenses have been deducted. After the gross sales have been calculated, you may then deduct the expenses, leaving the net sales amount.
expenses/gross Just divide expenses into gross.
From net figure: assume Vat rate=16% Vat amount=16/100*net figure from Gross figure Vat amount =16/116*gross figure
Gross as Received
gross as received
yup it is as it is an income so we add it in the gross profit....
If you want your yearly gross, multiply your bi-weekly figure by 26.
The cartoonist named "Gross" might refer to Milt Gross. He wrote several comic strips that were published in newspapers and worked with Screen Gems and Disney Studios.
subtract the tax you pay from your gross income.
There are three steps you should take to calculate average gross receivable. First, figure out your average figures during a gross period, Next, figure out the total amount of sales tax for a period. Finally, divide the net amount of credit sales with the average gross amounts to find your total.
Gross income is the total amount of money you earned, before taxes and any benefits are paid for. Net income is the amount of money you actually received on your paycheck after taxes and any benefits you contribute toward are taken out.