What is Revenue and Expense?
Revenue
Revenue is the total gross income a company earns from the sale of products or services during a spesific period, before deducting operating costs.
Mostly, revenue comes from payments that customers make to a business. For example, if you own a retail store, when customers purchase products, the payments they make are your revenue.
Expense
Expense refers to all costs a business spends to run its operations and support revenue generation. These costs include operating expenses, salaries, maintance costs, and other day to day business expenses.
Here is how to check it on DealPOS Books:
Step 1. Go To Reports, Then Profit and Loss
Step 2. Check on Revenue and Expense
You can also set the date range first to check revenue and expenses for a specific period.
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DealPOS is an online point-of-sale (POS) application specifically designed for retail businesses in categories like Fashion, Minimarkets, Electronics, Fresh Food, and Building Material Stores.
With DealPOS, you can manage both online and offline store inventory in real-time on a single platform. You can also sell through omnichannel (offline and online) as DealPOS integrates with marketplaces (Shopee, Tokopedia, TikTok Shop, Lazada) and instant web stores (Shopify and WooCommerce).