Revenue and Reverse positive pay: Difference between pages

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1. ''Accounting''.  
''Banking''.
 
A service that transmits to the issuing company a file of cheques presented for payment that the company matches to its register data for cheque fraud control. The company contacts the financial institution if any items are to be returned.
The value of goods and services sold.
 
Generally the first line in an income statement or profit and loss account, and for this reason sometimes referred to as “the top line”.
 
Some companies (or other reporting entities) with undiversified businesses use specialised terms for their revenue, for example “Rental Income”.  
 
Used in this sense, the term means the same as Sales or Turnover.
 
 
2. ''Accounting''.
 
Shorter term items, particularly of expenditure.
 
Contrasted with ''capital'' items.
 
 
3. ''Government''.
 
'The Revenue': tax collecting department.
 
 
4. ''Economics''. 
 
Revenue is produced by demand satisfied by supply, resulting in an equilibrium quantity and price being set by the market.
 


== See also ==
== See also ==
* [[Accrued income]]
* [[Positive pay]]
* [[ARPU]]
* [[Bottom line]]
* [[Capital]]
* [[Capital expenditure]]
* [[Churn]]
* [[Her Majesty’s Revenue & Customs]]
* [[Like for like]]
* [[Recognition]]
* [[Revenue expenditure]]
* [[Sales]]
* [[Turnover]]
* [[Underlying]]


[[Category:Accounting,_tax_and_regulation]]

Revision as of 14:20, 23 October 2012

Banking. A service that transmits to the issuing company a file of cheques presented for payment that the company matches to its register data for cheque fraud control. The company contacts the financial institution if any items are to be returned.

See also