gross sales, add up the total sales revenue over a set period of time. Most people track this monthly, quarterly, or annually. To ensure that your gross sales calculation is as accurate as possible, you must carefully account for all sales data, which means reviewing all sales data sources. Also, keep in mind that gross sales do not include taxes, expenses, or any deductions.
Here’s the formula to calculate gross sales:
Units sold x unit price = gross sales
A gross sales calculation example
For example, Casey, who specializes in selling america phone number list dog sweaters online, had a total of 10,000 orders in the past fiscal year. The sales price of one of her sweaters is $35. Her formula to calculate gross sales would be:
10,000 x $35 = $350,000
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