Gross and net

Meaning

Gross is a total amount, net is an amount after deductions have been made. This applies to salary, profit and the sale of goods and services.

Key points

• Gross and net appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, gross and net is used to keep invoice and payment operations structured and auditable.