To calculate gross sales, divide net sales by (1 - tax rate/100).
Formula:
| Variable | Meaning |
|---|---|
| GS | Gross Sales |
| NS | Net Sales |
| TR | Tax Rate (%) |
What is a Gross Sales Calculator?
A Gross Sales Calculator helps businesses and individuals find their total sales revenue before deductions. It's useful for assessing total earnings before accounting for discounts, returns, and taxes.
For instance, if a store reports $90,000 in net sales and operates in a region with a 10% tax rate, this calculator helps estimate the original gross sales amount.
It's valuable for business owners, accountants, and sales managers who need to track revenue performance, compare gross vs. net sales, and ensure accurate financial reporting.
