- *discounts, *rebates, *allowances for bad debts, and *customer returns.
Auditor's dictionary. 2014.
Look at other dictionaries:
net sales — Term used to describe a firm s revenue after the amount of returns, allowances, and discounts is deducted from gross revenue from the firm s principal operations. American Banker Glossary Gross sales less returns and allowances, freight out, and… … Financial and business terms
Net Sales — The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any discounts allowed. The sales number reported on a company s financial statements is a net sales number, reflecting these… … Investment dictionary
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net sales — noun gross sales reduced by customer discounts, returns, freight out, and allowances • Hypernyms: ↑income * * * noun plural : the balance of gross sales remaining after deducting trade discounts, returned sales, and sales allowances … Useful english dictionary
net sales — noun The value of sales generated by a company after deduction of returns, discounts and the value of damaged or lost goods … Wiktionary
net sales — Gross sales minus returns, allowances, rebates, and discounts … Black's law dictionary
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net sales transaction — Refers to over the counter trading. securities deal in which the quoted prices include commissions ( i.e., OTC); looked at another way, the buyer and seller do not pay fees or commissions in addition to the print or quotation prices. Bloomberg… … Financial and business terms
net sales value — the selling price received by the manufacturer for the vehicle including the cost of transporting the vehicle in Canada (includes mark up) … Dictionary of automotive terms