Businesses have two options when accounting for inventory -- perpetual and periodic. In a perpetual inventory system, inventory is updated after each sale and purchase transaction through a series of ...

When you hear about the term "deferred revenue" and think about a typical list of financial statements, you might assume this goes on the income statement like other revenue received. However, ...

Here are seven key reasons why Average Revenue Per Account is a crucial metric for assessing SaaS revenue: ARPA is calculated by dividing a company’s monthly or annual earnings by the total number of ...

Unrestricted and restricted current funds revenues should be grouped into the following major classifications by source of funds. The list below describes all classifications available, per the ...

Now that the various classifications of revenue have been defined, it is important to identify what is revenue. Identifying what qualifies as revenue is critical not only from an accounting and ...

Traditionally, one of the core concepts of sales and marketing has been the sales funnel through which companies are supposed to move prospects from awareness through consideration to engagement and ...

Revenue is income from a business's normal activities, like a landscaper's service fees. Unearned revenue is prepaid by customers and is a liability until services are rendered. Recording unearned ...

Businesses are primarily successful based on how much money they make or their revenue. But while anyone can roughly grasp revenue, what it means and why it’s essential, revenue as a business figure ...