What's the difference between Revenue and Cash Received?

Revenue counts the day the goods were handed over; Cash Received counts the day the money came in. For an order paid at the counter both happen the same day and the numbers match. They split apart when:

• On account: the goods leave today and count toward today's revenue; the money counts toward Cash Received on the day it's settled.
• Pre-order: the deposit counts toward Cash Received when it's paid; revenue is recognized in full on the pickup date.
• Forfeited deposit: when a customer cancels a pre-order and you keep the deposit, it was already counted in Cash Received when paid. Stats shows it separately as forfeited deposits, and it never counts as revenue.

To reconcile, match Cash Received against the drawer and your card terminal; to see how much you actually sold in a period, read Revenue. Returns reduce revenue on the day of the return.