What should you do with your paycheck stub? We also provide you with Net Income Calculator with a downloadable excel template.
Well, if is all of the money you actually earned, then net income is the money you can actually use.
Net Income vs Profit Net income is different than other forms of because the former for all money flowing in and out of the company, while profit usually only accounts for one type of expense.
For a company, subtracted costs may be the , sales discounts, and sales returns and allowances.
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Gross income does not only include cash but property and services, as well.