What is the difference between Gross and Net Profit?

Net profit is the amount of money left after all expenses have been paid. Gross profit is the amount of money left after cost of goods sold have been deducted.

FAQ

Does gross profit include tax?

No. Gross profit is the profit left from your sales after you deducted the direct costs.

Do you require assistance with your Gross and Net Profit projections? Contact Zeelie Professional Accountants SA.

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