Quick Guide to Gross v Net Revenue | for eCommerce Sellers

This video demystifies gross and net revenue for ecommerce businesses. Through a relatable bucket analogy, Stephen highlights the total sales as gross revenue and the actual earnings after costs as net revenue.

Using real-life examples from platforms like Shopify and QuickBooks Online, he sheds light on important factors such as discounts, returns, and taxes.

Learn why understanding these concepts is pivotal for making informed decisions in your e-commerce journey. Remember, it's not just about earnings, but what you retain.

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⬇️ MORE STUFF YOU SHOULD CHECK OUT ⬇️

** FINANCIAL STATEMENTS EXPLAINED PLAYLIST: **
https://www.youtube.com/playlist?list=PL8z_d3aPaZE8jeU6_hfAvOpIek2ESLRo1

** COGS Explained for eCommerce Sellers **
https://www.youtube.com/watch?v=DXV4q9vqRMg&list=PL8z_d3aPaZE8jeU6_hfAvOpIek2ESLRo1&index=4&t=3s&pp=gAQBiAQB

** How to Read & Analyze Your eCommerce Income Statement **
https://www.youtube.com/watch?v=Eqpw9KzIxt8&list=PL8z_d3aPaZE8jeU6_hfAvOpIek2ESLRo1&index=2&t=10s&pp=gAQBiAQB

** Essential eCommerce Bookkeeping Checklist **
https://ledgergurus.com/portfolio/ecommerce-bookkeeping-checklist/

** If you're interested in our ecommerce accounting services, click here to contact us: **
https://ledgergurus.com/ecommerce-accounting-services/

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We are always looking for awesome CPAs, accountants, and bookkeepers to join our team. If you're interested in working for LedgerGurus, check out our careers page: https://ledgergurus.breezy.hr/

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