Business Terms and Jargon Explained
What is Advantages of Revenue
1) Advantages of revenue is the method of recording revenue for accounting and tax purposes. This can be different for different industries and countries. The main focus is that there is a uniformed method so there is consistency. The sales figures can be manipulated by intercompany transactions, instalments and contracts.
2) Advantages of revenue sharing agreements is where instead of purchasing products and services you exchange a share of the revenue of a project or new business. This reduces cost and shares the risk.
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Term created / updated 2006-09-26 00:32:03
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