Talk:Net income

I think even if two different words or group of words are synonyms for each other they should each have their own page, so that people searching for EITHER text will derive a hit when they type 'word(s) - wiki' in google. Additionally, one has set the stage for appropriate differentiation from other words by giving a particular word or phrase an atonomous place to live then 'define' a unique word(s)'s relationship to others. e.g. Net Income relates to Profit in the following way(s) - that we can all hone over time. The debate should never be about whether different words or phrases have their own page. The wiki library becomes increasingly rich, robust, and verbose as we take the time to accurately differentiate each word and phrase. 'net income' should be linked in the profits page, but instead of just linking to the 'net income' page, it could link to a <a href='NAME'> label that is where 'net income' is being used in the 'profit' context that the user is presently intending. Then each respective page can explain things in a depth as desired, linking any word that they think is related, (or wish to state that it is NOT related, in the case of a disagreement or debate over semantics). —Preceding unsigned comment added by 98.245.35.38 (talk) 17:02, 26 April 2011 (UTC)

Different

Net income and net profit are completely different. Net profit is from a business standpoint, whereas net income is from a personal standpoint (Gross income minus taxes and deductions)

71.153.184.123 19:28, 12 January 2007 (UTC)

Actually, at least in the United States, both terms are used quite often in business and non-business ("personal") settings -- and both are frequently used to describe the same concept. Yours, Famspear 19:45, 12 January 2007 (UTC)

Actually, i'd say that net income is more like gross profit in UK terms. JonF. 15:57 23, February 2007 (UTC)

Leave net income alone. It is used all the time in Real Estate conversation, a field I know a bit about. Who would bring up this suggestion!?

last comment made in 15:06, 27 March 2007 by 216.161.20.229 —Preceding unsigned comment added by Dwarf Kirlston (talk • contribs)

An important of aspect of net income (in the USA) is that it for depreciation of equipment, reserves, and other resources that decline in value with production or time. A comparison of "profit" , "net income" , and "cash flow" would be very valuable if posted by a knowledgeable accountant. —Preceding unsigned comment added by 74.245.78.210 (talk) 13:00, 29 March 2008 (UTC)

Agree they're different; net income = gross profit. Net profit comes after execs/board decide how to allocate the gross profit. 12.7.202.2 (talk) 22:11, 6 May 2010 (UTC)

(such as the UK) profit is the usual term.[citation needed]

Lots of pople use turnover in the UK to describe the money made and profit as a term for the turnover take away the bills. 84.67.167.100 (talk) 12:27, 2 August 2009 (UTC)