Difference between Gross and Net amount

ThomasHunt96
New Community Member

I've recieved a family and friends payment from someone, and in the paypal history window, it has a gross amount of £100 and a net amount of £0.00. Am I correct in thinking that £0.00 is the amount I will recieve?

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1 REPLY 1

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@ThomasHunt96 

 

Yep, Net refers to the amount remaining after certain adjustments have been made for debts, deductions or fees.


Kudos & Solved are greatly appreciated. 🙂
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