Sales commission is a Cost of sales. But the salary of a sales agent is an expense.
Total sales - cash sales - sales return
Net sales = Total sales - sales returns and discounts
sales+sales return=net sales
Net sales = Total sales - Sales returns and allowances
Sales commission is a Cost of sales. But the salary of a sales agent is an expense.
Cost of sales is the expenses to earn sales so cost of sales and net sales are not same, formula for gross profit is as follows: Gross profit = Sales - Cost of sales
He works in sales. The sales department. The sales this year exceeded the amount of sales for the previous years.
Total sales - cash sales - sales return
Net sales = Total sales - sales returns and discounts
Credit Sales increases the amount of sales and sales volume.
sales+sales return=net sales
net sales
Net sales = Total sales - Sales returns and allowances
Net Sales..
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from low to high: sales person---sales supervisor----district sales manager----regional sales manager----National sales manager----Vice president of sales.