Net credit sales, abbreviated as NCS, are the sales a company makes to its customers on credit, minus the value of any returned items and allowances.
Net Credit Sales Formula |
| \( NCS \;=\; GCS - \dfrac{ R }{ A } \) |
| Symbol |
| \( NCS \) = net credit sales |
| \( GCS \) = gross credit sales |
| \( A \) = sales allowances |
| \( R \) = sales return |
