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 ...

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 ...

Revenue is any money that a business makes from selling its goods and services, whereas costs are anything that a business pays for. Businesses need revenue to ensure that they can maintain their ...

Learn which types of sales contribute to your small business’s operating revenue. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...

For far too long, most CIOs have been insulated from the core missions of every business: generating revenue and profit, and delighting customers. But that old-fashioned construct is changing rapidly ...

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 ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

Discover what medical expenses are deductible, including examples like insurance premiums and prescriptions, and learn how they can reduce your taxable income.