Total Sales

Gross Receipts
Gross receipts refer to the total income a business receives from all sources before deductions or allowances.
Gross Revenue (or Gross Sales)
Gross Revenue, also known as Gross Sales, refers to the total sales revenue of a company at invoice values, before any deductions for customer discounts, returns, allowances, or other adjustments.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.