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What is the difference between earnings and revenues ?

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Question added by shanavas pulath , SENIOR ACCOUNTANT , RAYDAN FOOD COMPANY (Joint stock company)
Date Posted: 2015/04/09
MANMOHAN KUMAR SAXENA
by MANMOHAN KUMAR SAXENA , Finance Controller , Al Hamra Real Estate Development LLC

Revenue is an amount generated by sales or service transaction during the normal course of business but Earnings represents net profit earned by Entity.

Wahab shahid
by Wahab shahid , Accounts Officer , BBJ PIPE INDUSTRIES LTD

Revenue is the income generated by the company by making sales of its core products before excluding any of the expenses while earnings are the revenues generated by the company after deducting expenses and cost of goods sold.

SO

revenue=Sales of goods

Earnings=Sales of goods-COGS-direct expenses

Revenues: is the amount earned before deducting the cost of goods sold, expenses, and losses.

In other words, revenues is the gross amount earned from selling goods or providing services during the period shown in the heading of the income statement.

Earnings:is often presented as net earnings or net income. it is the net amount earned after deducting the cost of goods sold, expenses and losses. 

RONALD MBIDHI
by RONALD MBIDHI , officer internal audit , Kampala Capital City Authority

Revenue is income generated from sale of good and services of business entity while as Earning is the net income earned net of all expenses deductions

Revenues are core business income stream whereas the earnings can be from other sources as well for eg, FMCG selling goods is a revenue stream whereas interest income, exchange gain, gain on disposal of fixed assets are earning stream

Anas  Dawah
by Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

Revenue is a type of earnings . Earnings are the increase in the firm net assets (equity ) , except the increase resulted from owners investment. While revenues are the increase in the firm net assets (equity) that resulted from performance of company main activity .

Earnings is the net income while revenue is the gross income

Muhammad Naeem Shahzad
by Muhammad Naeem Shahzad , Project Accounts Incharge , Saadullah Khan & Brothers Engineering & Construction

Only Name Difference . Revenues Comes in and makes earning  

Mohammed Shahid Ullah
by Mohammed Shahid Ullah , Executive Director (Finance) , Coal Power Generation Company Bangladesh Limited

Revenue generated against sales goods, works or services. Normally earnings linked with individual sales of services.

Tarek Marouche
by Tarek Marouche , Finance Manager , Ajlan and Bros

Revenues are the total amount of money a company receives from sale of goods or services, while the earnings are the profits generated from company revenues, so simply earnings are Cpmpany profit = Revenue-GOGS-Expenses

Ameet Kumar
by Ameet Kumar , Accounts Officer , Specific Glass Mosaic India Limited

Earning are the net income what we get in return of our services provided Earning are related to the person. Revenue is the income while the business sells some of goods or provide services and get the compensation against these services or goods revenue relates to the business not relates to the person.

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