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

SAP Term: net revenue

• Component: SRD-CRM

• Component Name: CRM-Customer Relationship Management

• Description: The gross revenue less deductions for expenses.

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• Key Concepts: 
  Net revenue is a financial term used to describe the total amount of money that a company earns from its sales after deducting any discounts, returns, and allowances. It is also known as gross profit or gross income. It is an important metric for measuring the performance of a business. 
  
  How to use it: 
  In SAP Customer Relationship Management (CRM), net revenue can be used to measure the success of a company’s sales efforts. It can be used to compare the performance of different sales teams or products over time. It can also be used to identify areas where improvements can be made in order to increase sales and profits. 
  
  Tips & Tricks: 
  When calculating net revenue, it is important to take into account any discounts, returns, and allowances that may have been applied. This will ensure that the net revenue figure is accurate and reflects the true performance of the business. 
  
  Related Information: 
  Net revenue is closely related to other financial metrics such as gross profit margin and operating profit margin. These metrics can be used to gain further insight into the performance of a business.