In case where firm decide to rent out portion of office building to other company, then company would earn revenue from rented income is called as other revenue. Financing businesses for example banks, car rentals, etc their primary revenue is from fees and interest received by customers.Įxamples of Revenue-2: Assume that the service that manufacture and sells cars would earn revenue from sale of cars is called as regular revenue.
Revenue expenses software#
For service provider businesses for example: chartered accountants, law consultants, barber shops, software professionals, etc their primary revenue is from services provided to customers. Revenue Examples:Įxamples of Revenue-1: Many businesses for example, manufacturing, grocery stores, retail stores, etc their primary revenue is actually from sale of products / goods. These accounts are broadly divided into operating or non-operating revenue accounts. For example: company may receive cash on sale of assets, company may receive cash on rental property and many more. Bottom line is all this revenue accounts are termed as income for it.
For non-profitable businesses, donations from organizations, corporate, individuals are termed as revenue.Ī business or a company may have various types of revenue accounts. Whereas services offered to customers may be the element of revenue for some companies. For example: royalties or interest or copyright fees may be a part of income for some business. In other words, an income to a business or an organisation is termed as revenue. It is also known as sales or turnover of the business. In financial accounting, an inflow of money usually from sales or services thru business activities is called as revenue.
0 kommentar(er)
