What does Sales Returns and Allowances mean?
A contra-revenue account used to record the value of products returned by customers and price reductions given to customers.
The company's gross sales were high, but the Sales Returns and Allowances account showed many customers were unhappy with the product.
Sales Returns and Allowances in German, French, Spanish and Italian
GermanErlösschmälerungen
also Umsatzerlöse-Rücksendungen und -Nachlässe
Minderungen des Bruttoumsatzes durch Rückgaben oder Preisnachlässe.
FrenchRetours et rabais sur ventes
Compte enregistrant les retours de marchandises et les rabais accordés.
SpanishDevoluciones y bonificaciones sobre ventas
Cuenta que descuenta del total de ventas las devoluciones de clientes.
ItalianResi e abbuoni su vendite
Rettifiche dei ricavi per merce restituita o sconti concessi dopo la vendita.
Synonyms and opposites for Sales Returns and Allowances
- Synonym Revenue reductions