Gross Earnings

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August 25, 2024 3 min read Definitions

Gross Earnings: Employee's Salary Prior to Deductions

Finance Economics Accounting Gross Earnings Salary Deductions Payroll Income

Gross earnings refer to the total amount of an employee's salary or wages before any deductions such as taxes, Social Security, and employee benefit contributions.

August 24, 2024 3 min read Definitions

Gross Earnings: Definition, Examples, and Comparison with Net Earnings

Accounting Finance Gross Earnings COGS Net Earnings Revenue Accounting Terms

Gross earnings represent the revenue that remains after deducting the cost of goods sold (COGS). This entry provides a comprehensive overview of gross earnings, including definitions, examples, comparisons with net earnings, and its role in accounting.