When calculating net sales, businesses should exclude taxes to ensure the figure reflects actual earnings from sales transactions. For example, if a product sells for $100 and a 10% sales tax is ...

Net sales show the true revenue your business makes from selling products or services, after subtracting returns, allowances and discounts. To find net sales, begin with your total sales and deduct ...

Net sales show the true revenue your business makes from selling products or services, after subtracting returns, allowances and discounts. To find net sales, begin with your total sales and deduct ...