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What is the difference between revenues and earnings?

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Question added by Mohammad Ashi CFA CMA , Group Finance Manager , QOAD
Date Posted: 2015/10/21
Zubair Jahangir
by Zubair Jahangir , Cost Accountant , Rotana Hotels

Revenue = Total Sales or total earnings or Gross income of the company before deducting cost of goods sold/Expenses/ Losses to.

 

Earnings = Means net income after deducting all expenses to generate total revenue. Its also called Net Earnings or Net Profit or Net Income.

Sohail Lone
by Sohail Lone , Assistant Manager Audit , Deloitte - United Arab Emirates

Revenues are income earned out of selling of goods and services.The revenue figures doesn't include Cost of Goods Sold,expenses etc

Earnings are Net income earned  after deduction of cost of goods sold & expenses

IMRAN ALI MOHAMMED
by IMRAN ALI MOHAMMED , Accounts Officer , M/s. Euro Glazing Ltd

‘Revenue’ is the gross amount earned from selling goods or providing services during the period shown in the heading of the income statement. In other words, revenues are the amount earned before deducting the cost of goods sold, expenses, and losses. Whereas ‘Earnings’ are the net amount earned after deducting the cost of goods sold, expenses and losses. It is often presented as net earnings or net income.

Agreed to Sohail lone>>>>>>>>>>>>>>>>.

JULIUS MURE MWARO
by JULIUS MURE MWARO , ACCOUNTANT , said abeid said & co.

Revenue is the gross earnings before deducting any cost of goods, expenses and any loss (indicated at the top of income statement) also known as sales while earnings is the net income after deduction of cost of goods, expenses, and any loss (indicated at the bottom of income statement)

EARNING IS A INCOME GENERATED FROM BUSINESS AND REVENUE IS THE SAME BUT IN ACCOUNTING LANGUAGE ITS CALLED AS REVENUE

Hanin Abou sido
by Hanin Abou sido , Supervisor , Amman/jordan

Revenue is already can be exist Earing it's the addition for extra revenue

Mahesh Kumar Vyas
by Mahesh Kumar Vyas , Senior Financial Analyst/ SAP FunctionaI Analyst. , Bader Al Mulla & Brothers Co. - Engineering Group.

In simple term-

Revenues is the gross amount earned from selling goods or providing services.

Earnings is the net amount earned after deducting the cost of goods sold, expenses and losses.

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