FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R7SfjNZajT3w8quumBNCuQU
Label Net Revenue
Preferred Label N/A
Identifier N/A
Alternative Labels
Net Income

Definition

Net revenue is gross revenue minus returns, allowances, and discounts. Net revenue provides a more accurate picture of the actual income a business has available for operating expenses, since it accounts for deductions that reduce the total income.

Class Relationships

Sub Class Of

Is Defined By

N/A

See Also

None

Parent Class Of 0

  • None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available