The difference between revenue and sales revenue is:
1, the scope of revenue is larger than the scope of sales revenue, revenue refers to the income obtained by the unit engaged in business activities, including the income from the main business and other business income, including the sale of goods and the provision of services in terms of the nature of sales revenue mainly refers to the income obtained from engaging in the sale of goods;
2, Different formulas. Operating income formula for operating income = product sales revenue (income from the main business) plus other business income or operating income is equal to the volume of product sales (or service volume) * product unit price (or service unit price). The formula for sales revenue is sales revenue = product sales volume * product unit price.
The conditions for recognizing sales revenue are as follows:
1, the enterprise has transferred the major risks and rewards of ownership of the goods to the buyer;
2, the enterprise neither retains the right of continued management that is normally associated with ownership, nor exercises control over the goods sold;
3, the economic benefits associated with the transaction can flow into the enterprise;
4. The related revenues and costs can be measured reliably.
In summary, in addition to sales revenue, enterprises can also obtain revenue in other ways, such as dividend income, interest income and so on. Therefore, revenue is one of the most important indicators for calculating the scale of operation and economic strength of an enterprise.
Legal basis:
Article 5 of the Provisional Regulations of the People's Republic of China on Value-added Tax (VAT)
Taxpayers who engage in taxable sales behavior, the amount of value-added tax (VAT) collected is calculated in accordance with the sales amount and the tax rate stipulated in Article 2 of the Regulations, which is the output tax amount. The formula for calculating output tax:
Output tax=sales*tax rate
Article 6
Sales shall be the entire price and out-of-prices expenses charged by a taxpayer for a taxable sales act, but excluding the output tax charged.
Sales are calculated in RMB. If the taxpayer settles the sales in currencies other than RMB, it should be converted into RMB.