GROSS INCOME

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Definitions

1. gross income of the org is the total amount of valid collections (cash, checks, money orders, bank transfers received, etc.) representing actual money received in the org for the week, either in the mail or over the counter, as collections for past credit, current receipts or advance payments for any amount for any org service or items sold, and invoiced in for the statistic week which ends at 2 p.m. Thursdays. (BPL It Aug 75)

2. how much money an org has made for the statistic week which ends at 2 p.m. on Thursdays. (BPL 28 May 71R)

3. gross income as reported on OIC is the total of monies collected by the org and is unaffected by bounced checks or bounced check collections. (BPL 17 Feb 71-1R)

4. total invoiced on income lines from all sources. Also called "total receipts." (FO 1828)

5. the complete income for any given week for the HASI less repayment of loans to HASI. (HASI PL 19 Apr 57, Proportionate Pay Plan)

6. is really the valuable final reward for which the VFPs are exchanged. WO PL 6 Apr 72) Abbr. GI.