Revenue, derived by multiplying the average sales price by the number of units sold, is the money made from regular business operations. The top line (or gross income) figure calculates net income by deducting costs.
Revenue is the cash that a business creates through its own operations. Based on the accounting technique used, there are several ways to measure revenue. Sales made on credit will be included as revenue for products or services provided to the client under accrual accounting. Revenue could be recognised in consistent with certain standards even though payment has not yet been made.
It includes various modules like sales, CRM, accounting, POS, and expense.
The sales system operates from the beginning till the closure of the sales pipeline. Every process is handled and every piece of information is recorded. Whether it is beginning with the submission of a quote or ending with the payment from the client.
It is CRM open source that gives you the power to manage all leads and opportunities in one place and maintain healthy relationships with your clients. It is the best customer-focused OpenERP CRM available for tracking leads, closing offers, and maintaining a list of all of your clients.
O2b offers the most useful accounting software that helps businesses manage their accounts and track all their accounting & finances with the highest accuracy. This accounting management solution allows companies to satisfy all their accounting needs such as managing and tracking invoices
Point of sale is a web application that requires no setup but still, you can get the maximum benefit from it by using it on your portable devices as well. O2b Technologies provide a solution that sets up in minutes and supports sales in seconds.
The revenue is the lifeblood of your small business. Because of this, it's crucial that you comprehend everything there is to know about what drives your revenue increase. You may take action to secure your company's future financial health and, consequently, its success by carefully checking your income.