I would guess that your gross claim is the total amount of damages done and your net claim is the damages less your deductible. The gross claim may also include the cost of adjusting the claim, like sending someone out to appraise your damages. The extra costs aren't held against you, only the total damages.
Gross margin is Gross income as a percentage of revenue. Net Margin is net income as a percentage of revenue.
What is the difference in Net and gross pricing in construction?
Gross price-expenses=net price
gross
Gross.
net income is gross income less expenses
Net Income = Sales - Gross profit Gross Profit - Cost of Production = Net Income
Gross.
The formula is Gross = Net * ( Tax rate / 100 + 1) You can also use this site to calculate Gross/Net Price. http://jumk.de/bank-formulas/gross-net.shtml
are garnishments calculated by gross pay or net pay
Net Income is after taxes.
Gross margin (also known as gross profit) is the difference between Net sales and Cost of goods sold: Net sales - Cost of goods sold = Gross margin Therefore, if you know Gross margin, add it to Cost of goods sold to get Net sales.