revenue在会计上的含义较严格，一般指企业的“营业收入”（“营收”），即企业产品和劳务的销售收入，以及利息、股利和租金等收入。在政府会计中，revenue指政府的各项税收收入，即“岁入”、“税收”。例如，美国政府岁入的主要来源是所得税和财产税等直接税，其次是货物税和营业税等间接税。在“营业收...
What is the accounting treatment for revenue recognition? A. Recognize revenue when cash is received B. Recognize revenue when the service is provided C. Recognize revenue when the service is earned and the amount is measurable D. Recognize revenue when the product is delivered 相关知识点: ...
No. Accrual accounting records revenue for products or services that have been delivered before payment has been received. This is the opposite of deferred revenue in a way, that records revenue for services or products yet to be delivered. Accrual accounting recordsrevenue for payments that have ...
Revenue accounting is fairly straightforward when a product is sold and the revenue is recognized when the customer pays for the product. However, accounting for revenue can get complicated when a company takes a long time to produce a product. As a result, there are several situations in which...
Step 2: Connect sales + payments channels, and accounting software Most accounting software solutions don’t have detailed native integrations with all the payment platforms you might be using. Synder provides you with such an option and helps you cover the other half of account reconciliation. Use...
What Is Other Revenue? Companies don't only make money off of their main business. Sometimes a shoe store will rent out some of its empty warehouse space in order to make a little extra on the side. The rental income from that isn't part of the operating revenue. It will go under th...
Reporting revenues in the period in which they are earned is known as the accrual basis of accounting. Hence, a company’s revenue could occur before the cash is received, after the cash is received, or at time that the cash is received. (Note that for income tax reporting, smaller ...
Accrual accounting is used to record income when a customer has bought something but pays later. Deferred revenue is used in the opposite situation where the customer has prepaid for something to be received at a later date. Any money from sales or other income is recorded at the top of ...
However, money given to an employee via an expense account is not a liability for a future date. Instead, it's money expensed, or spent, in the present by the employer that permits the employee to engage in conduct that will generate revenue for that company. ...
Usually, things work out fine. But, what are the accounting ramifications of customers paying you before you render services? This puts you in the position of having “unearned revenue”. Unearned revenue, sometimes called deferred revenue, is when you receive payment now for services that you ...