by pay@crispino.us | Aug 16, 2026 | Chart of Accounts, Income, Terminologies
Income from selling goods or services. It is the primary revenue stream for most companies. Recorded net of returns and discounts.
by pay@crispino.us | Jul 29, 2026 | Chart of Accounts, Income, Terminologies
Supplemental income from business activities outside the core product or service but still operational, such as parking fees at a hotel. Enhances profitability. Reported separately for transparency.
by pay@crispino.us | Jun 26, 2026 | Chart of Accounts, Income, Terminologies
Covers revenues not derived from primary business activities. Examples include gains from asset sales or foreign exchange. Provides supplementary earnings.
by pay@crispino.us | Jun 24, 2026 | Chart of Accounts, Income, Terminologies
Fees earned from providing advisory or professional services. Often project-based or hourly. A common account for service-oriented businesses.
by pay@crispino.us | Apr 30, 2026 | Chart of Accounts, Income, Terminologies
Income earned from performing services rather than selling physical goods. Examples include consulting, rentals, or legal services. Recognized when the service is performed.
by pay@crispino.us | Apr 21, 2026 | Chart of Accounts, Income, Terminologies
Earnings from investments, bank deposits, or loans. Provides passive income outside main operations. Recorded when earned, not necessarily received.
