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Nett vs Gross

Information on Nett vs Gross in RMS.

Gross revenue is the whole amount prior to any deductions of applicable taxes.

Nett revenue is the amount remaining after all applicable tax deductions have occurred.

Gross & Nett figures may display the same value on reports under the following circumstances:

If Tax Inclusive and no VAT or GST has been applied to the charges or the Tax Inclusive setup is configured incorrectly.
If Tax Exclusive and no Taxes have been allocated to the associated charges.
If Tax Exclusive and the General Ledger Account Code associated to the Taxes were setup as 'Include in Accommodation Revenue for Reporting'.

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