Revenue: definition, example, and why it matters
Also called gross sales or top line. Excludes refunds and discounts. The starting point for the P&L statement.
- Short definition. Total money earned from sales before any expenses are subtracted.
- Category. Revenue is a accounting term used by service businesses when billing customers.
- How Glo Invoice handles it. Glo Invoice builds revenue into the invoice itself, so you don't track it on paper or in a spreadsheet.
Frequently asked questions
What does revenue mean?
Also called gross sales or top line. Excludes refunds and discounts. The starting point for the P&L statement.
