All articles with "accounting" tag

EOM (end of month)

EOM is a term used both in sales and accounting, so we’ve decided to tackle both definitions. What does EOM stand for in sales? EOM (abbreviation for the end of the month) in sales is the monthly deadline for salespeople to achieve the goals set at the beginning of the month, e.g., close an expected […]

Deferred revenue

If you have received revenue, it doesn’t necessarily mean it has already been earned. Often, you can deal with deferred revenue – something most SaaS subscription companies are familiar with. What is deferred revenue? Deferred revenue is also known as unearned revenue or deferred income, It’s payment received by a company in advance for services […]

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