Gross: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add second definition. Source: linked pages.)
imported>Doug Williamson
(Add example.)
Line 7: Line 7:


A method of presentation that shows offsetting amounts in full, rather than net figures only.
A method of presentation that shows offsetting amounts in full, rather than net figures only.
For example, the direct method of cash flow presentation shows the full amounts of cash receipts and payments.





Revision as of 12:35, 5 December 2020

1.

An amount stated before the deduction of tax or of other related offsetting items.


2.

A method of presentation that shows offsetting amounts in full, rather than net figures only.

For example, the direct method of cash flow presentation shows the full amounts of cash receipts and payments.


See also


Other links

Think big - how and when to gross up, The Treasurer