To calculate accrued interest for a changing balance, you can use the above formulas along with your average daily balance, which can be found using the following method.

How to Calculate Business Gross Receipts. Business gross receipts, or gross sales, is a measure of how much revenue is generated from an organization's trade without taking into account any ...

Calculating credit sales, using accounts receivable, isn't quite as simple, as adding up all of the receivables during a specific time frame.