Revenue versus Proceeds


 
Accounting Equation > Forum Log in

Revenue versus Proceeds
Jeff Zhang, Accountant, China

What's the difference between revenue and proceeds in accounting? In which conditions we use proceeds?
Thanks for your advice...

 
 
Revenue and Proceeds
gulandam, Student (University), Pakistan
Revenue is the income received by an organization from all of its activities. If the organization is a country or state, then revenue is from taxes.
Proceeds is money obtained from specific events or activities, such as selling. Proceeds may be 'gross' -- before your expenses -- or 'net' -- after paying your expenses.
 

   











 

    Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  


Special Interest Group Leader

You here


More on Accounting Equation
Summary
Forum
Best Practices

Expert Tips

Resources

About 12manage | Advertising | Link to us | Privacy | Terms of Service
Copyright 2017 12manage - The Executive Fast Track. V14.1 - Last updated: 28-7-2017. All names tm by their owners.