What is the difference between revenues and receipts?

Receipts means cash in-flows whereas

Revenue means increase in owner's equity

Revenue is total sales (can include sales on credit)

Receipt is the actual cash receieved.

REVENUE is total sales, whether collected or not

RECEIPTS is the total cash received, whether from collection of revenue or transfers from affiliates and owners.

Revenue;

Revenue refers to income that a business receives from selling a product or service, or any other income-producing activity. Generally, revenue is reported when it has been realized when using the accrual method. 

Receipts;

 Receipts are associated by default with money that comes into the business from sales-producing activities. With a business using accrual accounting, it could refer to cash sales, because the income from the sale is immediately received in cash.

Revenue is the amount of money which is recorded in books after providing or delivered goods or service.

Receipt is the amount of money which is received in accounts against revenue incurred after providing service or goods.

Revenue

Revenue is the sum that a business earns when it provides its customer with its product, whether that product is a good, a service or some combination of both. In most cases, revenue is recorded on the accounts when its source transaction is complete and when the sum in question has a determinable numerical value. In the case of sales made on credit, the revenue is recorded so long as there is no reasonable chance that the debtor will default on the debt.

Cash receipt is an increase in the business’s cash and cash equivalents and is sometimes also called a cash inflow. Cash receipt can be either an increase to the business’s cash or an increase to its cash equivalents. Cash equivalents are certain financial instruments with terms less than three months in length. Cash equivalents can be converted to cash with minimal risk and are grouped together with cash because they are the most liquid assets available to the business.

Revenue is an income which is earned & it is credited in Profit & Loss account.
whereas Receipts are expenses that has been incurred for which we are debited in Profit & Loss account.

Revenue is the sum what the business earns when it provides to the customer with its product, whether that product is goods or services or some combination of both.
Receipts are expenses that has been incurred for which we are debited in Profit & Loss account.

The term Revenue is basically refers to all profits within a business. while the term  Receipt is used to describe the total cash income to a business.

Revenue is the sum that a business earns when it provides its customer with its product, whether that product is a good, a service or some combination of both.
Cash receipt is an increase in the business’s cash and cash equivalents and is sometimes also called a cash inflow.
Cash receipt can be either an increase to the business’s cash or an increase to its cash equivalents.