Operating Revenue

Code: 4100
👁 Views: 273

Account Information

Financial Statement Income Statement
Normal Balance Credit

Definition

Revenue generated from operating activities

Sub-accounts

4110

Commercial Revenue

4120

Service Revenue

4130

Construction Revenue

4140

Manufacturing Revenue

📐 IFRS vs US GAAP Accounting Treatment

IFRS IFRS 15 Revenue from Contracts with Customers
US GAAP ASC 606 Revenue from Contracts with Customers

❓ Frequently Asked Questions

Q: What is the difference between operating revenue and other revenue?

A: Operating revenue comes from the main activity (sales, services, contracts). Other (non-operating) revenue comes from secondary activities (interest, investment gains, gains on asset sales).