Yes, if sales is VAT EXCLUSIVE
100
Sales Tax / Sales Tax Rate = Gross Sale
it depends what you negotiated with your employer in your contract. typically, gross sales is your total sale, and net sales would be your employer's "cut" of the sale. Ex. if you get 10% of a $10,000 sale (gross), you would take home $1000. if you get 10% of your employer's cut (net) on the same sale, you would take home $250. obviously, it is much better to be paid on gross sales than net sales - always negotiate in YOUR best interest. i work in the medical sales industry, and we are all paid on gross sales - but we negotiated for this. hope it helps!
Sale or Revenue for the period -less cost of good sold=gross profit cost of good sold is the cost incurred in generating the revenue
Not under any circumstance is a cash donation considered a gross sale. Cash donations made to the company are recorded as just that "donation". Cash donations made by the company are recorded as that as well. It does not go into sales at all.Gross Sales is just that "Gross Sales" donations or other moneys received by the company should never be recorded into sales for any reason.
François Vatable died in 1547.
100
no
Gross Development Value is the retail or sale value of property after construction.
No, only the disounted amount is Vatable, the cash discount is not a vatable supply, therefore no VAT is payable on it.
Sales Tax / Sales Tax Rate = Gross Sale
Gross Development Value is the retail or sale value of property after construction.
Well I know when there is a D next to the item, it means that item is non-vatable, so when there is a V I would say it means the item is vatable.
i think it is 3 x gross sales
it depends what you negotiated with your employer in your contract. typically, gross sales is your total sale, and net sales would be your employer's "cut" of the sale. Ex. if you get 10% of a $10,000 sale (gross), you would take home $1000. if you get 10% of your employer's cut (net) on the same sale, you would take home $250. obviously, it is much better to be paid on gross sales than net sales - always negotiate in YOUR best interest. i work in the medical sales industry, and we are all paid on gross sales - but we negotiated for this. hope it helps!
10 unit sold for 50 is an example of gross sales. now suppose that 5 units of 25 returned by the customer so now net sales as follows: Gross sales (10 * 5 ) 50 Less: returns (5 * 5) 25 Net sale 25
Could be anything, 40 is gross profit after costs of goods sold is deducted.