Overview
Net Sales represents the actual revenue your business earns after deductions.
It provides a more accurate financial picture than total sales alone.
Formula
Net Sales = Total Sales − Refunds − Discounts
For example:
If:
Total Sales = ₦500,000
Refunds = ₦50,000
Discounts = ₦20,000
Then:
Net Sales = ₦430,000
Why Net Sales Matters
Net Sales helps you:
Understand true revenue
Measure performance accurately
Plan reinvestment strategies
Evaluate promotional effectiveness
You can find Net Sales inside your Sales Report.