# Revenue

> Revenue — Inflows or enhancements of assets, or settlements of liabilities, from delivering goods or services — recognized when control transfers, not when cash arrives.

Source: https://lopifi.com/glossary/revenue
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is revenue?** In accounting, revenue means inflows or enhancements of assets, or settlements of liabilities, from delivering goods or services — recognized when control transfers, not when cash arrives.

## Words this system refuses for it

- income (income is after costs)
- turnover

- **Category:** Foundations
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [revenue-tracker](https://lopifi.com/md/components/revenue-tracker), [revenue-waterfall](https://lopifi.com/md/components/revenue-waterfall), [invoice-form](https://lopifi.com/md/components/invoice-form)