Sales (accounting)

Sales are the unique transactions that occur in professional selling or during marketing initiatives.[1] The term sales in a marketing, advertising or a general business context often refers to a free in which a buyer has agreed to purchase some products at a set time in the future.[3] The amount recorded is the actual monetary value of the transaction, not the list price of the merchandise.In a survey of nearly 200 senior marketing managers, 70 percent responded that they found the "sales total" metric very useful.When the US government reports wholesale sales, this includes excise taxes on certain products.
bookkeepingaccountingfinancial accountingrevenuesincome statementgross salessellingmarketingadvertisingdouble-entry bookkeepingmerchandisegeneral journalaccounts receivablecreditlist pricediscountpredictive analyticscredit notewholesaleNet salesGross profitcost of goods soldOperating profitoperating expensesNet profitoperating expenseMcGraw-Hill/IrwinMarketing Accountability Standards Board (MASB)Wayback Machine