Why do we need the percentage of revenue?
The Percentage of Revenue is important as this serves as Accountants’ benchmark to help them keep track of their current expenses vs. income.
Percentage revenue shows the projected revenue based on your Chart of Accounts. With this, you’ll see how much money you’re spending on certain items compared to your revenue. This also identifies how much of the total revenue goes to each of your accounts and presents it in numbers and as a percentage.