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    thomassandy's Avatar
    thomassandy Posts: 1, Reputation: 1
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    #1

    Sep 22, 2010, 03:51 PM
    Do you deduct sales discount from total sales to get net sales
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 22, 2010, 11:24 PM

    Yes. And also deduct any returns if you have them.
    findyaquick's Avatar
    findyaquick Posts: 1, Reputation: 1
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    #3

    Apr 19, 2011, 05:37 PM
    Your reductions of anything you are selling can be calculated as aloss as well

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