Revenue
Understanding Deferred Revenue and Its Impact on Your SaaS Business
Deferred revenue refers to the income that you have collected, but not yet earned. The GAAP (Generally Accepted Accounting Principles) issued by the FASB (Financial Accounting Standards Board), […]
What is Revenue Leakage? How To Keep Revenue Locked?
In simple terms, revenue leakage means that a business is unable to collect a 100% of its earned income. There is always a small percentage of income that gets ‘leaked out’, causing revenue loss. […]
Understanding The Revenue Recognition Principle
Revenue recognition is a reflection of the accrual accounting principle. Accrual accounting states that revenue must be counted when it is earned, rather than when payment is received at your end. […]