This glossary uses Visual Finance™ to bring financial terms to life. Each example shows data from the Round Number Company, a fictional business with simplified figures to make learning easier. For more details, visit 'How to Read Visual Finance'.
Revenues from the sale of goods and services which are part of the company’s regular operations. What do you mean by that? The term ‘Sales’ generally refers to Net Sales which is the number used in the Financial Statements. The term ‘Total Sales’ could refer to Gross Sales or Net Sales.
The above is our generic explanations of common corporate financial terminology. Actual meanings can vary widely from company to company; in order to have the correct internal definition you need to ask your Finance Department, "What do you mean by that?"
term list.