BNET Business Dictionary

Business Definition for: Revenue Account

  • an accounting system which records the revenue and expenditure incurred by a company during its normal business

Additional Resources

Yvette Cooper and Caroline Flint launch the review of the housing revenue account subsidy system.
M2 PRESSWIRE-10 March 2008-UK Government: Yvette Cooper and Caroline Flint launch the review of the housing revenue account subsidy systemC1994-2008 M2 COMMUNICATIONS LTD RDATE:10032008 Yvette Cooper, Chief Secretary to the Treasury, and Caroline Flint, Minister for Housing and Planning,...
Tags: Benefits, Cooper, council, FINANCE, revenue
Research articles 2008-03-10
Restructuring Charges and Lower Revenue Account For This Drop.
M2 PRESSWIRE-1 November 2006-Small Cap News: Restructuring Charges and Lower Revenue Account For This DropC1994-2006 M2 COMMUNICATIONS LTD RDATE:01112006 Checkpoint Systems Inc.(NYSE:CKP) engages in the manufacture and marketing of integrated system solutions for retail security, labeling, and merchandising. The company...
Tags: Checkpoint Systems Inc.
Research articles 2006-11-01
The Effects Of Electronic Ticketing On Revenue Accounting
The airline industry continues to be plagued by spiraling costs, making cost-cutting a necessary survival tool. One sure method for airlines to realize cost savings is by increasing the use of electronic ticketing and phasing out paper tickets. Electronic ticketing not only cuts distribution costs, it also reduces back-office accounting...
Tags: Revenue, Accounting, Electronic Data Systems Corp., Airline Industry, Operational Accounting, Financial Services, Finance
White papers 2006-08-01
Is That Account Strategic?
I was chatting the other day with Sam Reese, the CEO of the giant sales training firm Miller Heiman about various selling issues. He says that one of the most persistent problems among sales organizations is the inability to recognize when a customer is strategic to their success.As Sam...
Tags: Geoffrey James, Finance, Sales, Operational Accounting, Sales Force Management, Sales Strategy, Manager, Account
Blog posts 2007-11-08
Moving from Selling to Account Management
To succeed in key account management, sales staff need to change their role and their objective. Instead of pursuing short-term profit, they must concentrate on managing customer relationships and understanding the customer's whole business. Account managers have two important roles—account support and account development. Successful account management requires a wide...
Tags: Sales strategy, Sales force management, Sales channel, BNET Editorial, account management, sales productivity, sales force, customer relationship, sales, decision-making, team, customer satisfaction, job
Articles 2007-10-19
Assessing a Profit and Loss Account
A profit and loss account (P&L) is a statement of sales income and expenditure over a specified period, and any profits or losses made. Essentially, the profit or loss is the difference between the money that comes in and the money that goes out. A P&L account does not show...
Tags: advertisement, BNET Editorial, dividend, GAAP, income, net income, net profit, P&L, payment, revenue, sales, stock, tax, Operational accounting
Articles 2007-07-05
Apple's Current Valuation Is Still Reasonable
Turley Muller submits: Apple Inc. (NASDAQ:AAPL) $162.83- Despite Apple shares rising more than 100% from its 2009 low of $78, the stock still appears to be attractively valued especially as a long-term holding. Using cash-flow and non-GAAP earnings, AAPL trades at less than 15x on a trailing 12-month basis. Since...
Tags: Hardware, Gadgets, Turley Muller, Apple Inc.
External links 2009-08-12
Does your company have a foreign financial account?
(The following article is derived from information provided by the Internal Revenue Service.) If your company owns a foreign bank account, brokerage account, mutual fund, unit trust, or other financial account, then it may be required to report the account yearly to the Internal Revenue Service. Under the Bank...
Tags: FINANCE, financial, income, Internal Revenue Service, U.S.
Research articles 2006-03-01
A President's Role in Account Management Practices
Many companies have initiated strategic account management programs thinking that such programs will optimize revenues from high potential accounts. Many of these same companies have been disappointed in the results of those initiatives and are beginning to question the return on their investment. This article is a case study for...
Tags: Revenue, Account Management, Revenue Storm, Sales Channel, Sales Force Management, Operational Accounting, Sales, Finance
White papers 2004-08-31
Swiss Post Improves Account Management, Increases Revenue Using Siebel Sales
Effective sales techniques don't matter much when there is a monopoly. But they suddenly become very important when the market in which one operates is deregulated. Facing this exact scenario three years ago, Swiss Post turned to Siebel Systems. By standardizing on Siebel Sales and training its Strategic Account Executives...
Tags: Revenue, Account Management, Siebel Systems Inc., Sales Strategy, Sales Force Management, Sales
Case studies 2005-01-01
BRAZIL: SMS COULD ACCOUNT FOR 12% OF BRAZIL'S MOBILE REVENUE BY 2005.(short message service)(Brief Article)(Statistical Data Included)
Logica, the UK-based text messaging software company, has announced that SMS may account for between 10% and12% of Brazil's mobile operators' revenue by 2005. This percentage is similar to SMS revenues currently generated in Europe. At present, SMS o Logica, the UK-based text messaging software company,...
Tags: mobile, revenue, SMS
Research articles 2002-03-27
IRA investor finds diversity without taxation. (Individual Retirement Account)
An Internal Revenue Service IRS private letter ruling holds that taxpayers can avoid taxation on transfers of Individual Retirement Account IRA assets by ensuring that the asset transfers are done on a trustee-to-trustee basis. By keeping the transferAn Internal Revenue Service IRS private letter ruling holds that taxpayers can avoid...
Tags: asset, Internal Revenue Service, taxation, taxpayer
Research articles 1994-12-05
IRA may be disclaimed even after one payout; IRS revenue ruling clarifies the issue.(News)
Byline: Rick Miller CHICAGO - An Internal Revenue Service revenue ruling last month has clarified an area of confusion over a spouse's ability to disclaim an inherited individual retirement account. It stated that a beneficiary may...
Tags: beneficiary, Internal Revenue Service
Research articles 2005-07-11
Headwaters to recognize account funds as revenues
SOUTH JORDAN -- Energy technologies company Headwaters Inc. said Friday that after a tax audit of one of its licenses, it has decided to recognize revenues in its March quarter relating to certain funds previously deposited in an escrow account. A licensee agreement called for the license fees...
Tags: FINANCE, Internal Revenue Service, revenue, Taxes
Research articles 2004-03-27
Multiple-account management: Part 3: some multiple-account-based profit management strategies: this final article on multiple-account management discusses some applications of multiple-relationship data and how this type of business intelligence can reduc
In the past two issues of The RMA Journal, we explored the concept of multiple-account dynamics through analyses of interest revenue generation, probability of default, loss severity, and expected losses. We can summarize these analyses as follows: * The number of relationships a customer has can impact revenue dynamics,...
Tags: ABC Inc., bank
Research articles 2006-12-01
Rollover regs can snag IRA transfers. (Internal Revenue Service regulations, individual retirements accounts)
A court has ruled that the Internal Revenue Service IRS regulations concerning the transfer of individual retirement account IRA funds to a different IRA more than once in any year are taxable, even though a different method is applied in making the tA court has ruled that the Internal Revenue...
Tags: Internal Revenue Service, regulation
Research articles 1992-08-24
IRS approves rollover from conduit IRA. (Internal Revenue Service, individual retirement accounts)(Tax Facts & Figures)(Column)
A private letter ruling from the Internal Revenue Service IRS on individual retirement account IRA rollovers has significant implications for retired employees who re-enter the workforce. The IRS ruling allows for the return of IRA funds from a 'conduA private letter ruling from the Internal Revenue Service IRS on individual...
Tags: Internal Revenue Service, tax
Research articles 1995-10-09
M-Pesa Will Account for as Much as 49% of Safaricom's Non-Voice Service Revenue in 2008, says Pyramid Research
CAMBRIDGE, Mass. -- Pyramid Research forecasts that revenue from M-Pesa will account for as much as 49% of Safaricom's non-voice service revenue in 2008. The mobile money transfer service will generate revenue of about $52.4m and will have a profound effect on Kenya's mobile and financial markets in the longer...
Tags: Pyramid Research
Research articles 2008-05-22
Help Maximize Customer Base and Revenue: Optimize the Efficiency and Cost of Account Opening Processes
Driven by customer expectations and competitive pressures from market leaders, banks are reassessing their delivery and customer management strategies. By eliminating inefficiencies, they are able to reduce costs and attract and retain customers. In particular, account opening processes represent a substantial opportunity to improve the productivity of a critical customer-facing...
Tags: Revenue, Bank, IBM Corp., Financial Services
White papers 2005-07-01
The Top 10 funding issues for HSA account owners and employers
Regulation of Health Savings Accounts has been a hot topic since their creation in 2004, and it is likely that the HSA law will continue to evolve in 2006. New regulations and other guidance are expected from the IRS, and guidance may also be issued by other federal agencies. Also,...
Tags: Benefits, FSA, HEALTHCARE, Internal Revenue Service, SOFTWARE, tax
Research articles 2006-01-01