In business accounting, the definitions of sales and gross revenue are the same. Sales, according to Accounting Coach, are the revenue your company brings in from selling its products or services.

Understanding the differences between revenue and profit can be tricky, but it is one of the most important things a business owner needs to understand. The two terms are often used interchangeably, ...

Unearned revenue is the same thing as deferred revenue. In accounting, unearned revenue is a liability. It is a liability because even though a company has received payment from the customer, the ...

Forbes contributors publish independent expert analyses and insights. Lien De Pau, founder of The Big Exit. Sell your biz for max value. What if your business could generate revenue while you sleep?