Sales calculator
Calculate net sales after returns, allowances and sales discounts.
Formula
Gross sales = price × quantity; net sales = gross sales − returns − allowances − discounts.
Gross sales ≈ (200)×(100) · Total reductions ≈ (1,000)+(300)+(500) · Net sales ≈ (20,000)-(1,800)
How to use
- Enter unit price and quantity sold for one reporting period.
- Enter returns, allowances and discounts as money amounts.
- Read gross sales, reductions and net sales.
Examples
- 100 items at 200, less returns 1,000, allowances 300 and discounts 500: net sales 18,200.
Frequently asked questions
Is net sales the same as profit?
No. Cost of goods, expenses, interest and tax have not been deducted.
Can net sales be negative?
Yes, for example when prior-period returns exceed current-period sales.
Do I enter a discount percentage?
No. Enter its total money amount, without counting it again in price.
Sources
Updated: