Accounting for spending is an essential part of keeping your books. In a given quarter, you'll probably record money spent in a variety of accounts: employee expense, supplies, inventory, utilities ...

Gross revenue is the sum total of income generated from a business’s operations. This includes income from the sale of goods and services before any deductions are made. This metric is a measure of a ...

Revenue expenditure is critical to the field of accounting as well as finance. It is essential in the management of a company’s financial resources. It is, therefore, possible to prepare proper ...

Accrued revenue occurs when a company has earned revenue but hasn't billed a client for payment. To record accrued revenue, the company accountant debits accrued billings and credits revenue for the ...

While often used interchangeably in casual conversation, revenue and income represent two distinct financial realities for a company.Although they have much in common, there are crucial differences ...

Whether you’re a business owner or an investor, understanding the key differences between revenue vs profit is important. You also should know how to calculate each. Revenue and profit measure ...

Understanding the difference between revenue and profit is essential in understanding basic and complicated economics. Even if you don’t know exactly what these terms mean, you’ve heard the words in ...

Success is dependent on growth, and while we all strive for success, many entrepreneurs experience very little growth in their business. With the right strategies and plan, revenue and growth can be ...