Sales

Sales refers to the volume of goods and services sold by a business during a reporting period. When quantified into a monetary amount, it is positioned at the top of the income statement, after which operating and other expenses are subtracted to arrive at a profit or loss figure. The term can also refer to the selling organization of a business, and the activities this group engages in to secure orders from customers.

Sales is also referred to as revenue in an organization's income statement.