Revenue is the term for the monetary value of all resources that come into the firm from operating activities.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the number of units sold. In order to calculate net income, costs must be deducted from the top-line (or gross income) figure. On the income statement, revenue is also known as sales. A company's revenue is the money generated by its operations. Depending on the chosen accounting method, there are several ways to calculate revenue. Sales made with a credit card will be counted as revenue for goods or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
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