Example of Revenue Categories
Your implementation team creates revenue categories to group expenditure types and event types for revenue recognition. A revenue category describes a source of your organization's revenue.
Revenue Categories for Labor and Other Transactions
The following table illustrates possible revenue categories your implementation team can define for labor and other types of revenue.
Revenue Category Name |
Description |
---|---|
Fee |
Fee Earned |
Labor |
Labor Revenue |
Other |
Nonlabor Revenue |
Payment |
Payment |