Discount, A reduction in price, VAT, The amount added onto goods by law, usually 20%., Profit, Money made by a business after expenses are taken away, Loss, When costs are greater than income., Selling Price, The amount an item is sold for., Commission, Extra pay earned from a percentage of sales, Gross Pay, Pay before any deductions., Net Pay, The final pay you take home after deductions., Formula, A calculation typed into a cell, SUM, Adds up a range of numbers., Absolute Cell Reference, A fixed cell reference that doesn’t change when copied (e.g. $A$1)., Chart/Graph, Shows data visually, e.g. bar or pie chart, Sort, Re-orders data, e.g. alphabetical.
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N5 Admin Spreadsheet Terms
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Gw17cockburnash
Secondary
Business
Business finance
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