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Most of the text books are define "Grosse Earnings" as follows:
An individual or company's income before taxes and deductions.
For individual income, it is calculated as the individual's wages or salary, investment and asset appreciation,and the amount made from any other source of income.
Also for individual's gross income is important to determining eligibility for certain social programs.
In a company,it is calculated as revenues minus expenses before taxes.
While a company's gross income is one measure among many of how well it uses its resources to produce profits.
Gross earnings is the income generated from sales comparing to the purchase..
GP= Sales-Purchase-Direct Expe
Also called gross income, gross earnings are income before taxes or adjustments. In the accounting world, gross earnings are usually the same thing as gross profit (that is, revenue minus cost of goods sold.
Total earnings without excluding any kind of expenses paid or liable to pay for business is what Gross earnings. IF you exclude the expenses then the remaining value be your Net Earnings for the period.
This remuneration is calculated before any tax or social withholding. As such, it is a total remuneration before deductions. The gross salary includes the remuneration due for the duration of the work carried out as well as bonuses, gratuities, gratuities or bonuses.
