The Importance of Tracking Reductions from Gross Sales to Net Sales

Episode Summary

It is very important for food and beverage companies to track all reductions from gross sales to net sales, because these amounts may require analysis for future management planning.

Louis Biscotti, CPA, MBA, CITP, is Marcum’s national Food & Beverage Services leader. His focus is on helping his clients improve their growth and profitability, guiding many companies in their development from small emerging entities into multimillion dollar organizations.