Calculating gross revenue involves adding up all the revenue generated by a company before accounting for any deductions or expenses. The formula for calculating gross revenue is:
Gross Revenue = Total Sales
To calculate the gross revenue for a specific period, such as a month or a year, you would need to add up all the sales revenue generated during that period, including:
Sales of goods or services
Fees for any professional services rendered
Rental income
Interest income
Any other revenue streams
Once you have added up all the revenue streams for the period, the total is the gross revenue for that period.
It is important to note that gross revenue does not take into account any deductions or expenses, so it is not the same as profit. To calculate profit, you would need to subtract all expenses from the gross revenue.