What is gross revenue in SAP SRD-CRM - CRM-Customer Relationship Management?

SAP Term: gross revenue

• Component: SRD-CRM

• Component Name: CRM-Customer Relationship Management

• Description: The total income received before any deductions or surcharges are included.

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• Key Concepts: 
  Gross revenue is a term used in SAP Customer Relationship Management (CRM) to refer to the total amount of money received from customers for goods and services before any deductions are made. This includes any taxes, discounts, or other fees that may be applied. It is the total amount of money that a company has earned from its customers. 
  
  How to use it: 
  In SAP CRM, gross revenue can be used to measure the success of a company’s sales efforts. It can also be used to compare the performance of different sales teams or products. Gross revenue can be tracked over time to measure the growth of a company’s sales. 
  
  Tips & Tricks: 
  When tracking gross revenue in SAP CRM, it is important to ensure that all transactions are accurately recorded. This includes any taxes, discounts, or other fees that may be applied. It is also important to ensure that all transactions are properly categorized so that they can be easily tracked and analyzed. 
  
  Related Information: 
  Gross revenue is often used in conjunction with other metrics such as net revenue and profit margin to measure the success of a company’s sales efforts. It is also important to track customer satisfaction and loyalty metrics in order to ensure that customers are satisfied with the products and services they receive from a company.