Understanding Key Field Definitions in DataNow

Gross & Net Sales

• Gross Sales are calculated by taking the sum of all sales and net tax. Refunds are still included in Gross Sales, and so are discounts.
  
   
• Net Sales are calculated by taking Gross Sales and subtracting tax, discounts, and refunds. 

Refunds & Voids

• Refunds are issued after a transaction has settled.
  
   
• Voids are canceled before the transaction has settled.