Cash Account Vs Revenue Account

[Former Member]

Hello ,

Could you please tell me the difference between the cash account and revenue account.

Thanks and Regards,

Pavan P.

[Former Member · Accepted solution]

Cash account is the account in which cash trasaction takes place like Cash sales etc. It has a seperate accounting key EVV.

Revenue account are tha ccounts which handles rest of the financial transactions.

Like Price, discounts, frieght, rebates etc.

The accounting keys used are ERL, ERS, ERF, ERB , ERU etc.

Regards

AK

[Former Member]

hi

cash account is for cash sales which is represented by EVV

and revenue account is for ro , or etc and represented by ERL

evv will be posted to petty cash account