Wednesday, May 21, 2014

Do you have bookkeeping questions? Barrie Bookkeepers Inc can provide the answers. Contact us today to see how we can assist your business.

Question of the week: What is Gross Profit and Net Profit?

Gross Profit is the difference between the sale price and the cost of the item being sold. Net Profit is the difference between the Gross Profit and all overhead costs to operate the business.

Posted at 10:20 AM