Gross Profit vs. Net Profit
Gross profit is sales minus returns and cost of goods sold. Net profit is what's left after all expenses. See how IRS Schedule C figures both, with examples.
Money & Getting Paid
Invoicing customers and understanding the numbers that show how the business is doing.
Guides
How to Write an Invoice
Put your details, the customer's, a unique number, dates, itemized charges, any sales tax and payment terms on every invoice. Here's what US rules require.