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Yes. It is just another term used for in accounting.
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∙ 10y ago
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Is total sales and total revenue the same thing?
yes
Are local and sales tax the same thing?
They can signify the same thing ... sales tax is a tax on sales and includes all taxes, local, county, state and federal. Local tax generally refers to city or town tax.
Are 'revenue' and 'net sale' the same thing?
Net sales and revenues are important in the business community. Both are needed for a business to succeed. However, they are not the same thing. Sales lead to revenue.
Is sales returns an asset?
Sales return is that portion of finished goods which once sold but refund back by customers so as finished goods are assets same way sales return is asset as well because it increase the finished goods inventory.
How to calculate gross profit?
Sales (or revenue, it's the same thing) - cost of goods sold= Gross Profit
Is net earning percent of sales the same thing as return on sales?
no
Is return outwards same as sales return?
no
Net credit sales?
Is the same thing as Net Sales.
Is net sales and and net income the same thing?
Net sales and Net Income are not of the same thing. Net sales is sales less its contra accounts (sales returns and allowances, sales discounts). On the other hand, net income or profit is net sales less the expenses.
Is total sales and total revenue the same thing?
yes
Are local and sales tax the same thing?
They can signify the same thing ... sales tax is a tax on sales and includes all taxes, local, county, state and federal. Local tax generally refers to city or town tax.
Are 'revenue' and 'net sale' the same thing?
Net sales and revenues are important in the business community. Both are needed for a business to succeed. However, they are not the same thing. Sales lead to revenue.
Is the enter key like the return key?
They are the same thing, same button
Is sales returns an asset?
Sales return is that portion of finished goods which once sold but refund back by customers so as finished goods are assets same way sales return is asset as well because it increase the finished goods inventory.
What is the difference between revenue and sales?
They literally mean the same thing.
How do you say sales consultant in french?
"ventes conseiller" means "sales adviser" when translated, which is basically the same thing.
Is sales and marketing the same thing as net sales?
Sales and marketing is the selling and marketing expenses to promote the product while net sales is the sales revenue minus discounts and returns.
