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The Accountant's Dictionary

Search structured definitions, practical explanations, and related business terms for HR, payroll, accounting, finance, and operational control.

Search the Eprecus ERP The Accountant's Dictionary

The Eprecus ERP dictionary is built for finance teams, HR managers, payroll administrators, operations leads, and business owners who need clear definitions they can apply inside real workflows. Use this glossary to understand payroll terminology, accounting definitions, HR metrics, and enterprise software concepts without vague textbook language.

Each entry is written to support practical ERP work, including reporting, approvals, payroll review, compliance conversations, reconciliation, workforce planning, and process design. If you need deeper examples, continue into the Eprecus ERP blog or review the platform overview.

Visible terms 58
Indexed terms 1,922
Dictionary types 2
Showing 58 result(s) for "revenue".
Current view Filtered by search term 'revenue'
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Top A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

A

accrual basis of accounting

Accrual basis accounting recognizes revenue when earned and expenses when incurred, regardless of when cash is received or paid.

The Accountant's Dictionary • accounting, finance, accruals

accrued rent income

accrued rent income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

accrued revenue

accrued revenue is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

accumulated other comprehensive income

accumulated other comprehensive income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

asset turnover ratio

Asset turnover ratio measures how efficiently the business uses its asset base to generate revenue.

The Accountant's Dictionary • accounting, finance, ratios

B

budget

budget is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

budget variance

budget variance is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

budgetary slack

budgetary slack is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

budgeted balance sheet

budgeted balance sheet is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

budgeted capacity

budgeted capacity is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

C

capital budgeting

capital budgeting is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

capital maintenance approach to net income

capital maintenance approach to net income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

comprehensive income

comprehensive income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

continuous budget

continuous budget is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

contra revenues account

contra revenues account is an accounting term related to the classification, recording, or reporting of financial transactions within an account structure.

The Accountant's Dictionary • accounting, finance

cost of sales

Cost of sales is the direct cost matched to revenue and is often used interchangeably with cost of goods sold depending on industry and reporting style.

The Accountant's Dictionary • accounting, finance, cost-of-sales

current year's net income

current year's net income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

D

deferred revenues

Deferred revenue, also called unearned revenue, is the liability created when a customer pays before the business has delivered the promised goods or services.

The Accountant's Dictionary • accounting, finance, revenue-recognition

differential revenue

differential revenue is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

F

fixed manufacturing overhead budget variance

fixed manufacturing overhead budget variance is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

fixed overhead budget variance

fixed overhead budget variance is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

flexible budget

flexible budget is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

G

Gross Margin

Gross margin is the percentage of revenue remaining after deducting cost of goods sold or direct cost of sales.

The Accountant's Dictionary • accounting, finance, gross-margin

gross profit

Gross profit is revenue minus cost of goods sold or direct cost of sales, before operating expenses are deducted.

The Accountant's Dictionary • accounting, finance, gross-profit

I

income statement

An income statement is the financial statement that reports revenue, expenses, and profit or loss for a reporting period.

The Accountant's Dictionary • accounting, finance, financial-statements

incremental revenue

incremental revenue is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

interest income

interest income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

interest revenues

interest revenues is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

Internal Revenue Service (IRS)

Internal Revenue Service (IRS) is an accounting, finance, or reporting term used to classify, measure, record, analyze, or communicate business transactions and financial results.

The Accountant's Dictionary • accounting, finance, compliance

investment revenues

investment revenues is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

IRS

IRS stands for the Internal Revenue Service, the U.S. federal tax authority.

The Accountant's Dictionary • accounting, finance, compliance

M

marginal revenue

marginal revenue is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance, management-accounting

Matt Jones, Current year net income

Matt Jones, Current year net income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

N

net income

Net income is the profit remaining after all operating costs, financing costs, taxes, and other recognized expenses have been deducted from revenue.

The Accountant's Dictionary • accounting, finance, profitability

nonoperating income/revenue

nonoperating income/revenue is an accounting, finance, or reporting term used to classify, measure, record, analyze, or communicate business transactions and financial results.

The Accountant's Dictionary • accounting, finance

P

Profit and Loss Statement

A profit and loss statement summarizes revenue, costs, and expenses to show whether the business made a profit or loss.

The Accountant's Dictionary • financial statements, income statement, profitability

P & L

P & L stands for profit and loss statement, the financial statement that summarizes revenue, expenses, and profit.

The Accountant's Dictionary • accounting, finance

pro forma income

pro forma income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

R

Revenue Recognition

Revenue recognition is the accounting rule that determines when revenue should be recorded in the financial statements.

The Accountant's Dictionary • revenue, contracts, financial reporting

R. Smith, Current Year Net Income

R. Smith, Current Year Net Income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

rent revenue/income

rent revenue/income is an accounting, finance, or reporting term used to classify, measure, record, analyze, or communicate business transactions and financial results.

The Accountant's Dictionary • accounting, finance

revenue expenditure

revenue expenditure is an accounting, finance, or reporting term used to classify, measure, record, analyze, or communicate business transactions and financial results.

The Accountant's Dictionary • accounting, finance

revenue recognition principle

revenue recognition principle is an accounting, finance, or reporting term used to classify, measure, record, analyze, or communicate business transactions and financial results.

The Accountant's Dictionary • accounting, finance

revenues

revenues is an accounting, finance, or reporting term used to classify, measure, record, analyze, or communicate business transactions and financial results.

The Accountant's Dictionary • accounting, finance

revenues and gains

revenues and gains is an accounting, finance, or reporting term used to classify, measure, record, analyze, or communicate business transactions and financial results.

The Accountant's Dictionary • accounting, finance

revenues from service charges

revenues from service charges is an accounting, finance, or reporting term used to classify, measure, record, analyze, or communicate business transactions and financial results.

The Accountant's Dictionary • accounting, finance

rolling budget

rolling budget is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

rolling horizon budget

rolling horizon budget is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

S

sales revenues

sales revenues is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

service charge revenues

service charge revenues is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

service revenues

service revenues is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

static budget

static budget is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting

T

transaction approach to determining net income

transaction approach to determining net income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

U

unearned premium revenue

unearned premium revenue is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

unearned revenue(s)

unearned revenue(s) is an accounting, finance, or reporting term used to classify, measure, record, analyze, or communicate business transactions and financial results.

The Accountant's Dictionary • accounting, finance

Y

year-to-date net income

year-to-date net income is a revenue or income concept used to describe earnings recognized from business activity, financing, or other sources.

The Accountant's Dictionary • accounting, finance

Z

zero-based budgeting

zero-based budgeting is a budgeting term used to plan, compare, or control expected revenue, cost, capacity, or spending.

The Accountant's Dictionary • accounting, finance, management-accounting