Accounting Net Income is the amount of income earned by a business after all taxes and expenses, such as depreciation, have been deducted. It’s an important number for businesses of all sizes as it’s how owners measure their success over time. It’s also used to determine what percentage of profits will be dispersed to shareholders and other stakeholders. Put simply, Accounting Net Income is the money your business has earned after taking out all unavoidable costs. When you check your balance sheet and compare your current figures with past years, Accounting Net Income can reveal vital details about where your company stands financially.