Earned and Incurred Accounting: What’s the difference?
Baremetrics
SEPTEMBER 2, 2021
Let’s take a look at incurred revenue, earned revenue, and all the related accounting principles. Baremetrics can help you keep track of your growing business by providing 26 metrics about your business: MRR, ARR, LTV, total customers, etc. Revenue is defined as earned based on the “revenue recognition principle”.
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