Difference
between Revenue and Sales
There is no difference
between sales and revenue, both term can be used interchangeably. It is to be
noted that both term represent the Gross inflow of cash or benefit before
deducting of any relevant expenses. There are some Gross inflows where revenue
term is more appropriate than sales, for example Government tax revenue.
It is to be noted that
another term used for gross inflow is Gross income.
