ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
GROSS SALES Definition
GROSS SALES is the total revenue at invoice value prior to any discounts or allowances. See also GROSS REVENUE.
Learn new Accounting Terms
FLOOR a series of European interest rate put options used to protect against rate moves below a set strike level.
SELL-THROUGH ACCOUNTING is where revenue is not recognized until after the product has been subsequently shipped from the wholesalers. See SELL-IN ACCOUNTING.

