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What is a Sales Funnel? The definition of the sales funnel (also known as a revenue funnel or sales process) refers to the buying process that companies lead customers through when purchasing products. A sales funnel is divided into several steps, which differ depending on the particular sales model. One common sales process is divided into seven phases including:
A clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account.An example is the income summary account containing revenue and expense amounts to be transferred to retained earnings at the close of a fiscal period. clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account.