- deferred revenue
- An alternative term for *unearned revenue.
Auditor's dictionary. 2014.
deferred revenue
Look at other dictionaries:
Deferred Revenue — A liability account used to collect deposits and other cash receipts prior to the completion of the sale. Deferred revenue is important because it s the money a company collects before it actually delivers a product. For example, a software… … Investment dictionary
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Deferred Charge — A prepaid expense that is treated as an asset on a balance sheet and is carried forward until it is actually used. Deferred charges often stem from a business making a payment for a good or service that it has not yet received, such as the… … Investment dictionary
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Revenue recognition — principle is an important accounting principle, which is the main difference between cash basis accounting and accrual basis accounting. In cash basis accounting revenues are simply recognized when cash is received no matter when and how the… … Wikipedia
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Deferred Billing — The act of charging buyers for their purchases, without interest, at a later date. Deferred billing is most often used as a sales promotion technique, enticing potential customers to purchase big ticket items now rather than later. Car… … Investment dictionary
unearned revenue — Revenue not yet earned in a *financial reporting period, but for which cash has already been received. In line with the *accruals basis of accounting, unearned revenue is recorded in *current or *long term deferred revenue accounts (classified… … Auditor's dictionary
