Simple Tips by SASA
Gross sales? 🤑 The definition & tips and tricks for beginners
What are Gross Sales?
Gross sales are the total revenue a business earns from selling its goods or services before deducting any discounts, returns, or allowances.
For freelancers, it represents the total income from all your clients or customers, giving you a clear picture of your earnings at the top level.
Gross Sales Example
The gross revenue is how much was earned before expenses
Gross Sales Formula ∑
Gross Sales = Total Units Sold â…¹ Price Per Unit
Example:
Let’s say you’re a freelance web developer:
• Total Units Sold: You completed 8 website projects this month.
• Price Per Unit: You charge $1,200 per project.
Using the formula:
Gross Sales = 8 â…¹ 1,200 = 9,600
​
Your gross sales for the month are $9,600.
Track your gross sales with SASA
Accounting software for self employed people
SASA helps you keep track of your business's revenue, and expenses so you can know your gross and net profit. Just connect your bank accounts ad SASA will do the rest for you.