Key Field Definitions

Article author
Edward Herdemian
  • Updated

Gross & Net Sales

  • Gross Sales are calculated by taking the sum of all sales + tax + service charges + delivery fees. Refunds are still included & voids are excluded.

  • Net Sales are calculated by taking Gross Sales and subtracting tax, refunds, and discounts.

Refunds & Voids

  • Refunds are issued after a transaction has settled.

  • Voids are canceled before the transaction has settled.

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