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Accrued Revenue

oboloo Glossary

Accrued Revenue

Accrued Revenue: Accrued revenue is money that a company has earned but not yet received. This might include money earned during an accounting period that hasn’t been invoiced, or payment for goods and services that has been issued but not yet collected. Accrued revenue can be a powerful source of capital to businesses, allowing them to invest in assets and undertake strategic projects even before the cash has come into their account. With careful forecasting and diligent bookkeeping, having accrued revenue on the balance sheet can give savvy business owners the financial push they need to reach their goals.

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