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Revenue

Former Member
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Hi Iam new to fi revenue can anybody explain me the concept of revenue in FI

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Revenue is income to the co. Once a billing document is posted the inventory a/c is decreassed and the revenue a/c is increased. Revenue is realisation of money spent. So on sales the money spent on manufacturing the product is regenerated back to the co for further investment.

Answers (1)

Answers (1)

former_member227476
Active Contributor
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dear adupa,

Revenue in general incoming money in different way i.e sales revenue, fright revenue, Tax revenue etc..

rewards if it helps

siva