What is Gross Earnings in Finance?

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.

Revenue minus cost of goods sold

gross income equates to gross margin, which is sales minus the cost of goods sold.

Gross earnings is the income generated from sales comparing to the purchase.. 

 

GP= Sales-Purchase-Direct Expe

 

Gross earnings is the amount or income before all expenses have been deducted

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.

Gross Earnings are the wage/salary/annual *Income earned by an individual or company before any deductions including taxes, standing financial obligations/payments to be made and other disbursement’s. (*Income - may be earned and/or accrued as earned depending on the circumstance but in this context is expected to be only that which is current in earnings to date - for the Gross period established). Earnings, however, may also be on dividends, stocks, bonds, cash holdings,other financial instruments which are ‘realised’ or as yet ‘unrealised’ but expected within the given time-frame of the period under which the “Gross” is determined.