(v1000.00) Sales

Sales (v1000.00) refers to gross sales revenues. Adjustments to gross sales are accounted for in Discounts & Returns (v1020). The dollar growth in sales over one or more periods is “incremental sales.” For example, if sales increased over the prior period from $100 to $120, the incremental sales is $20.

Although Sales (v1000.00) by default is forecast using the Growth Rate method, you also can express your projections for Sales (v1000.00) in terms of price and quantity by using the Freeform forecast method with Memo Accounts (v300-v345).