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Component: IS-SE-CCO
Component Name: Customer Checkout
Description: Net revenue amount reduced by discounts This term is used in reports with detailed information on sales.
Key Concepts: Net revenue is a term used in the SAP IS-SE-CCO Customer Checkout component to refer to the total amount of money received from customers after deductions for taxes, discounts, and other expenses. It is the amount of money that a business has earned from its sales. How to use it: Net revenue can be used to measure the success of a business’s sales activities. It can be used to compare the performance of different products or services, or to compare the performance of different sales channels. It can also be used to track changes in customer spending over time. Tips & Tricks: When calculating net revenue, it is important to take into account all deductions such as taxes, discounts, and other expenses. This will ensure that the net revenue figure accurately reflects the amount of money that a business has earned from its sales. Related Information: Net revenue is closely related to gross profit, which is the total amount of money earned from sales after deducting the cost of goods sold. Gross profit can be used to measure the efficiency of a business’s operations and can be used to compare different products or services.