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Net Profit

The total profit after all expenses, interest, and taxes have been deducted from revenue. Also known as the bottom line. Net profit is the most complete measure of a business's profitability.

Related Terms

Revenue Expense Income Statement

See how Kumry handles this in your own books.

Definitions are general information; check current ATO guidance for your circumstances.

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Accounting software for Australian businesses and their accountants.

support@kumry.com

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Net Profit -- Accounting Glossary | Kumry