Taxes, such as sales tax and excise tax, are not included in net sales because they are collected on behalf of the government and do not count as business revenue. When calculating net sales ...

An established business can compare its actual cash flow with its cash flow forecast to monitor whether it is achieving its targets. It can then make changes if necessary. Calculating cash flow ...

If you’ve set aside some money and have a budget in mind for starting your own company, it’s important to consider the hidden ...

Whether you are a buyer, manufacturer, or retailer, this handy tool can not only help you figure out your GST liability but ...

The Guidelines’ clear and standardized method for calculating illegal business turnover, and the specific rules provided for a number of ...

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 ...